China Justice Observer

中国司法观察

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In China, Will the Debts of the Decedent Be Succeeded?

It depends.

A successor shall pay the taxes and debts legally payable or owed by the decedent to the extent of the actual value of the portion of the estate he inherits, unless the successor pays voluntarily in excess of such limit.

 

Reference: The Civil Code: Article 1161

Contributors: CJO Staff Contributors Team

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