Pennsylvania REV-1512 Instructions -- Instructions for REV-1512 Schedule I — Debts of Decedent, Mortgage Liabilities & Liens consists of two parts. Part 1 — Debts of Decedent This part requires the executor to list all debts that were owed by the decedent at the time of death. This includes all credit cards, personal loans, medical bills, and any other type of debt. The executor must provide the name of the creditor, the date of the debt, the amount of the debt, and any other relevant information. Part 2 — Mortgage Liabilities and Liens This part requires the executor to list all mortgages, liens, and other encumbrances on the decedent's real or personal property. This includes any liens against the decedent's estate, such as estate taxes, mortgages, and judgments. The executor must provide the name of the lien holder, the date of the lien, the amount of the lien, and any other relevant information. The executor must ensure that all debts and liens are reported accurately on REV-1512 Schedule I. Failure to accurately report all debts and liens may result in penalties or other legal consequences.
Pennsylvania REV-1512 Instructions -- Instructions for REV-1512 Schedule I - Debts of Decedent, Mortgage Liabilities & Liens
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