Is a beneficiary’s share under a will affected if after the testator’s death large debts are due from the estate to cover medical and care costs towards the end of his life ?
By: דיאנה שאלתיאל•Published on: 13 May, 2022Possibly. Whether a beneficiary’s share under a will is affected by the existence of large debts due from the estate depends on whether there are enough funds in the residual estate ( what the deceased did not bequeath as parts in his will) to cover them. If there are sufficient funds in the residual estate , then the beneficiary’s’ share will be unaffected. If there are insufficient funds there, then the liability for the debt will be born proportionately by the beneficiaries , according to their relative parts in the will .