After facing the loss of a dear loved one, many California residents may simply wish to have time to deal with their feelings. However, executors may not have the ability to close themselves away as they will need to contend with many tasks in order to properly close the estates left behind. In particular, decedents' debts will need addressing, and some individuals may find this step confusing.
First of all, though deceased parties may have outstanding balances, the executors are not personally responsible for the debts in terms of using their own funds to make sure all balances are covered. Money from the estate should be used in order to pay creditors. However, there may be instances in which estates do not have enough remaining funds to address all the debts.