Definition of CREDITOR:
(noun) / any person having a claim against a decedent or an estate.


Plain English translation: If a decedent owed anyone money at the time of the decedent’s death, that person or entity is referred to as a creditor. A creditor has essentially the same rights against a person’s estate as the creditor would have against the person if he or she was alive.

Daniel R. Antonelli
Representing trust & estate clients with an emphasis on estate litigation in the New York City Metro Area.