How to accept the inheritance and not be left with debts

After the death of a person, not only things and an apartment remain, but also bank accounts, loans and cards. The bank blocks them as soon as it learns of death. Money and debts pass to the heirs, but not automatically. Here’s what you need to know so you don’t lose your money or make mistakes.

The main rule: do not touch the money of the deceased. You can not withdraw cash from his card, pay for purchases or transfer funds through the application, even if you know the password. This money is part of the inheritance, and you can not spend it without registration.

Immediately after death, you need to obtain a certificate in the registry office. Without him, banks, insurance and notaries won't start anything. Then collect the documents: loan agreements, deposits, policies, applications of banks in the phone. Check open debt databases, such as the FSSP website and bankruptcy registry.

Be sure to report the death to banks and insurance. If the loan had life insurance, the company can repay the debt. Then open a hereditary case with a notary at the last place of residence of the deceased. You have six months to accept or reject your inheritance.

If you need money for a funeral, the notary can issue a resolution to receive up to 100 thousand rubles from the accounts of the deceased. Keep all checks.

Don't be in a hurry to pay your debts. First, compare the cost of inheritance and the amount of loans. If there is more debt, it may be more profitable to abandon the inheritance. But before the decision, you can not move to the apartment of the deceased, pay for a communal apartment or take his belongings - this can be considered the actual acceptance of the inheritance.

Credits don't disappear after death. Only those who receive the inheritance are paid, and only within its value. If the inheritance is worth 2 million and the debt is 5 million, the bank will recover a maximum of 2 million. The heir does not risk his money. Relatives who refused the inheritance owe nothing if they were not co-borrowers or guarantors.

Interest on the loan is accrued after death, but fines and penalties for six months on the acceptance of the inheritance, the bank is not entitled to charge. The limitation period shall not be extended. If the bank files a lawsuit, the missed deadline must be declared independently.

Deposits and money on cards are inherited by will or by law. As long as the bank doesn't know about the death, the interest goes. After blocking, you can get money only on the certificate of inheritance in six months. Prior to this, only up to 100 thousand rubles for the funeral by order of a notary.

The credit card cannot be used after the death of the holder. The credit limit is not inherited, and the debt passes to the heirs within the value of the property. If no one knew about the card, it can be identified through a credit history at the request of a notary. If you have insurance, the debt can be closed.

If you missed the deadline for accepting the inheritance, you can restore it only through the court, proving a valid reason. And remember: the inheritance is accepted in its entirety - you can not take the deposit and refuse the loan.