Business · Economy · 1 hr ago

In Brazil, heirs do not pay a deceased parent's debts from their own assets

In Brazil, a deceased person's debts are paid from the estate left behind.

If the estate has R$ 2 million in assets and R$ 3 million in debts, the assets go to creditors, and heirs receive nothing.

The remaining R$ 1 million is not generally taken from the heirs' own property.

If assets exceed debts, the debts are paid first, and heirs receive what remains.

An heir can refuse an inheritance, but must formally renounce it and cannot keep the assets while rejecting the debts.

A renounced share may pass to other heirs under succession rules, while the estate remains responsible for the debts.

Creditors may not recover the full amount if the estate is insufficient.

Sources

Folha · 1 hr ago