Absent a binding contract or a personal guarantee that has been made with a decedent’s creditor, no specific person can be held accountable for paying a decedent’s debts. The obligation to satisfy all valid debts falls to the decedent’s estate, and those debts must be paid prior to the distribution of all assets to beneficiaries. So, the estate’s executor or administrator is charged with the responsibility of settling all debts from the estate’s funds.