When someone dies, their estate includes not only assets but also the debts they leave behind.

This does not mean that children automatically have to pay those debts with their own money. As a general rule, the estate’s assets are responsible for the deceased’s liabilities.

However, the way an inheritance is accepted can be important, particularly when debts exceed the value of the assets.

Before accepting an inheritance, it is important to understand not only what you may receive, but also the responsibilities that may come with it.

*This information is of a general and abstract nature. Therefore, any decisions regarding these matters should be made with the support of qualified professionals and assessed on a case-by-case basis. Should you require further clarification on this topic, please contact us at soc.advogados@magnaadvogados.pt.