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Debts Instead of Blessing Money: How to Avoid Heirs to Held Privately for the Estate
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Westphalian Notary Chamber. If a deceased dies, his entire estate will automatically be transferred to the heir or heirs. This also includes any debts. If the debts exceed the amount of the property left behind, it can quickly become dangerous, because for an over-indebted estate, the heirs will be liable indefinitely – even with their own property. The Notary Chamber explains how heirs can refuse a estate and what possibilities exist if they on…
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