Am I responsible to pay my brothers debt?

My brother passed and left me his beneficiary to his life insurance policy and his 401K. Am I obligated to pay his bills, such as medical expenses, IRS Debt, TV bill, Energy Bill, Credit Cards, etc.?

Asked on April 21, 2017 under Estate Planning, Nevada


M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney

Answered 3 years ago | Contributor

Life insurance proceeds, as well as proceeds from a 401k, are not part of a deceased's estate. Accordingly, they are not subject to the claims of estate creditors. They pass free and clear to the designated beneficiary.

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