Beneficiary and heirs are both the account holder's children, however account holder left nothing in the Will for the beneficiary.
Should there still be a bank loan/mortgage on a business in process of payment, who is legally obliged to the debt: the beneficiary or heir? (the business is in the heirs name).
Thank you!
Read more: Should an account holder pass away, who is obliged to the finds-the beneficiary or the heirs stated in the will?
