0
Are children responsible for paying back taxes owed on deceased parents house in Michigan?
Wiki User
∙ 15y ago
The estate of the deceased is...of course that may essentially be simply a reduction of what the children would get. But the tax does not go away..the property owes it and if it must be sold to collect it, by the estate (or the tax jurisdcition), it has to be, before clear title can go to anyone else.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Are the parents of a deceased adult son responsible to file federal tax returns when the person died intestate?
The executor of the estate is responsible. They are required to file a tax return for the deceased. It may be a good idea to consult a tax attorney before doing this.
Is a child liable for a parents failure to file taxes?
No. A child cannot be held responsible for the actions of their parents.Exception to the rule: If the children are heirs of an estate (both parents are deceased) and taxes are outstanding, then the taxes must be paid out of the estate proceeds before the child(ren) could be awarded the residuals.
Is the Power Of Attorney responsible for deceased parents tax arrearages from 2 years ago?
A Power of Attorney is extinguished when the principal dies. The estate of the debtor is responsible for paying their tax arrearages.
If you are the power of atty for your parents and your sister is the Executor of estate stole their credit credit card and the home they owned has been transferred to children who is responsible?
If your parents are deceased the Power of Attorney expired when they died. It is no longer in effect. If your sister used their credit card after their death then she committed a criminal act and could be prosecuted. Her use of the crdit card has nothing to do with their estate. She is responsible for her actions. If she charged on the account after your parents death, the credit card company can't attach the real estate you inherited. They would need to bring charges against your sister. You should cooperate by providing them with any information you have that would help in their investigation, where they can find your sister and the circumstances that enabled her to use your parents credit card (her being the executor of their estates).
How can you obtain very old tax return records of deceased parents?
can i abtain a work history through irs for a deseased parent
Are the children in the state of Florida responsible for a deceased parents medical bills?
No, they are not
Are children responsible for deceased parents dental bills in Oregon?
The estate is responsible for all the debts of the deceased including dental bills. The children are not required to pay them from their own pocket.
Do the children have to pay the debts of their deceased parents?
If you were not a joint debtor you are not responsible for repayment of deceased parent(s) debts.
Are children resonsible for their deceased parents' debts in Virginia?
The estate will be responsible, not the children. They will not be able to inherit until they are resolved.
Are a deceased parents doctor bills the responsiblity of the children?
The estate is responsible for all the doctor bills of the deceased. The children are not going to be required to pay them from their own funds, but it will reduce what they inherit.
Are adult children responsible for paying deceased parents real estate taxes?
No, the estate is responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed any remainder distributed.
In the state of Michigan is the executor responsible for the bills of the deceased parents?
In Michigan they are not personally responsible for the debt. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
Are surviving children in Pennsylvania responsible for paying the mortgage debt of deceased parents?
The children are not directly responsible in Pennsylvania. The estate is responsible to settle all the debts. Until these have been paid, the children are not entitled to receive anything.
Are parents responsible for deceased children debts?
It is not the parents but the estate that is responsible for any remaining debts. That will include medical bills. If there is not enough in the estate to cover them, someone will not get paid and the heirs may get nothing.
Are adult children responsible for paying deceased parents medical bills in Florida?
The estate is responsible for the medical debts. The exception would be if the children were the insurance holder or co-signed the medical agreement.
Are adult children responsible for deceased parents nursing home debts when they are broke?
Generally, a parent's estate is responsible, the children are not--even when the children are not broke--, unless the children have committed themselves to pay for the obligation in some other way.
Are the parents of a deceased adult child with no estate responsible for paying unpaid debt?
No, if they were not joint debtor's with the deceased they are not responsible for any of his or her debts.
