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Managing your debt after dying

A Tenancy Tribunal case recently illustrated that death is not entirely an escape from debt - at least, not for the estate. A tenancy ends three weeks after a landlord is given notice of a tenant's death, but during those three weeks payment is required.

Payments that the estate will need to take care before distributing assets to beneficiaries include power bills, credit card repayments, mortgage repayments, taxes, while a student loan may be written off. If the estate cannot afford to cover all debt, the burden is not passed on to family.

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