Posted On: August 29, 2006
The Ethicist on Debts of a Decedent
One of my favorite parts of the New York Times magazine is Randy Cohen's column entitled "The Ethicist." This week Mr. Cohen tackles a question about a decedent's debts (registration may be required). As Mr. Cohen puts it, "The law requires your late sister’s estate to meet her business obligations; ethics urges you as an individual to respond to her personal obligations." His full answer is very interesting, and well worth reading.
