<prompt> Human: My mother passed away last week and had expressed that she wanted my wife and I to have her car 2011 Hyundai Sonata. The issues are as follows: My mom owed 15k on the car but the car is likely only worth around 11k private party or 9k trade in. We will also be receiving some money that she had in her checking accounts, life insurance, and 401k. Our initial thought was use her money to pay the car off then it would be ours and we could trade it in.But paying 15k on the loan only to turn around and trade the car in we have 2 kids and one on the way so wouldnlike a 3rd row for 9k feels an awful lot like throwing away 6k.Some have suggested just letting the bank repossess the car, but wont they then come after the estate for the difference anyway?If it makes a difference I have a sister as well so all inheritance is split between us. We just want to make an informed decision.Happy to answer any questions.  <response>: Your mom way want you to have the car, but you are getting ahead of yourself. Before you can inherit the car or anything else, the estate has to pay all debts. This may involve selling assets to pay the debts. Only after all debts and taxes are paid can anyone inherit anything. 