Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Monday, May 27, 2024

Article: A Comparative Perspective on the Liability of Heirs

Miloš Vukotić (University of Belgrade Faculty of Law) recently published, A Comparative Perspective on the Liability of Heirs, 2024. Provided below is an Abstract:

Settlement of deceased’s debts is one of the fundamental questions of succession. The liability of heirs for these debts is very difficult to regulate because of the need to balance several conflicting interests: the interests of heirs, the interests of estate creditors and the interests of heirs’ personal creditors. Legal systems may attempt a simple, but rigid approach to heirs’ liability or provide detailed and flexible, but complex rules on different scopes of liability in different situations. This article discusses the main approaches to liability of heirs for estate debts and provides a critical analysis of their advantages and disadvantages. The author concludes that complex and flexible rules on liability of heirs may ultimately lead to more just distribution of estate assets.

https://lawprofessors.typepad.com/trusts_estates_prof/2024/05/article-a-comparative-perspective-on-the-liability-of-heirs.html

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