Joint liability is the shared responsibility of more than one individual in the event of a legal action. In the case of debt, those with joint liability share responsibility for the entire amount owed from unpaid loans. Additionally, any payments towards a debt discharges all individuals under joint liability not just the person making the payment. This is relevant to executors who must address any debts of the estate and whether there were other individuals under joint liability.
What you need to know
What to say when a loved one dies
Losing someone you love is one of the most difficult and emotionally raw experiences life has to offer— which is why it's often difficult to find the right words to share with a loved one. Please use this comprehensive list as a trusted guide for sharing your deepest sympathies.
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