My husband’s parents have accumulated large debts. If they were to die, would we become responsible for them in any way, and would our house be at risk?
Debts can’t be inherited like cash or property, so you and your husband are unlikely to become liable for your in-laws’ debts. Your house will be safe as long as your in-laws have no financial interest in it. However if your husband is left to deal with their estate he will have to take care, since executors can become liable for debts in their own right if they do not follow the statutory rules. In these circumstances it would be advisable to instruct a solicitor, although you could end up footing the bill if there are no assets at all.