limited liability of executots in Germany

Using "Public Creditor Notification" (Aufgebotsverfahren) to restrict liability to the funds available in the German estate Under German succession laws, a beneficiary (Erbe) is personally liable for the debts of the decedent, i.e. if the debts of the deceased exceed the value of the estate then the beneficiaries must pay the remaining debts out of their own pockets. More here.   Obviously, no beneficiary in his or her right mind wants that result (except for…