I believe that once they are eighteen your responsibility ends. Though to abandon your children at any age is rather drastic and not very nice. My three sons are in their 30 to 40s and I still try to help them out.
The child is no longer a minor. As an adult, they are responsible for themselves.
yea
no.
When you die leaving your estate to your children they are liable to pay the tax or mortgage etc and if the property is then rented to another by your children they are still liable for the taxes on that property and not the tennant as they pay the rent to the children for the privelidge of having full use of the property but the property remains under the ownership of your children and it is the owner that is liable for the payment of taxes mortgage etc
No.
Only if they signed the note(s).
Not unless the parent was a co-signer or guarantor.
Then you're still liable for the money you owe the lienholder.
No, you will not be arrested but you are still liable to pay back the loan.
Yes; parents are jointly and severally liable for the support of their children.
Children are allowed in most courtrooms, but only if they are quiet. If you must bring your children, have someone with you who can take the child out if he or she becomes loud or disruptive.
"http://wiki.answers.com/Q/What_obligation_of_tax_do_children_have_who_receive_financial_compensation_in_a_liable_suit"