If there is any other property such as real estate then it must be sold to pay the debts. If there are no assets the estate will be deemed insolvent by the court and the creditors are out of luck.
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.
In Arizona the estate is responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed any remainder distributed.
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.
Unless the survivor(s) signed some type of contract or agreement to be responsible for the deceased's medical bills, it is the deceased's ESTATE which is liable for the expense - NOT the survivors.HOWEVER: In reality, if the surviving spouse also happens to be the Executor of their deceased spouse's estate, they WILL, have to pay for whatever medical bills may be outstanding from the proceeds of the estate that they are administering.
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.
Children are not responsible for the debts of their parents. The estate must settle the debts. The exception would be if a child signed any paperwork gaurenteeing the medical costs.
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.
In Oregon the estate will be responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed and any remainder distributed.
In Oklahoma the estate will be responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed and any remainder distributed.
In Indiana the estate will be responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed and any remainder distributed.
In California the estate will be responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed and any remainder distributed.
Yes, it will be the responsibility of the estate. No will is necessary to open an estate. North Carolina law will designate the beneficiaries, if the estate value exceeds the debts.