Do Creditors Get Paid When Someone Dies?

When someone dies, the Internal Revenue Service (IRS) takes its cut of the money first, followed by funeral expenses, then creditors and finally heirs. Learn about handling creditors and debt when someone dies from an estate planning and probate lawyer in this free video on estate law.

About the Author

Brad Wiewel is board certified in estate planning and probate by the Texas Board of Legal Specialization and has been practicing law since 1978. His firm, The Wiewel Law Firm, is based in Austin, Texas and focuses exclusively in the area of estate planning. Nothing contained in this video is to be considered as the rendering of legal advice for specific cases, and viewers are responsible for obtaining such advice from their own legal counsel. This production is intended for educational and informational purposes only.