All the property of the deceased goes into an "estate". This estate must be settled, property, debt, etc. Typically what happens if the debt is covered or not more than the property value, then it is up to the individual who wants the items that are available to petition the estate for it, also there is the opportunity to purchase it at an estate sale. You may want to talk to next of kin.
no
They should be paid until the date of death. After that date, any income goes directly to the estate.
When someone dies, any debts they leave are paid out of their 'estate' (the money and property they leave behind). You're only responsible for their debts if you had a joint loan or agreement or provided a loan guarantee - you aren't automatically responsible for a husband's, wife's or civil partner's debts.
If the Chapter 13 Plan is still being paid and is still needed, it can continue. Someone will have to be responsible to continue the plan, whether there is an estate fiduciary (executor or administrator) or not. Check with the Chapter 13 Trustee.
If the loan is not paid off at the time of the death, the vehicle belongs to the lienholder until the vehicle is paid off.
If they die after the policy lapses, then no payment is made. if the policy lapsed after the the person dies, then payment should be made to the beneficiary. mcdlife.com
Someone said they cant get paid and still dance in competition, but that's not true at all. They can get paid for acting. As a matter of fact everyone on TV has to get paid, because it is all unionized.
Yes, if there's anything left in the estate after the higher priority creditors (if any) are paid.
The executor does not have any rights or responsibilities before the person dies. Being paid makes no sense and is not a legal right.
An advantage is that you get paid for exactly the amount of time that you worked. A disadvanted though, compared to someone with salary is that, even when a person that gets paid salary doesn't work all the hours they are supposed to, they still get paid the same. While someone who gets paid by the hour will only get paid for the hours that they worked.
If a mortgage holder (mortgagee) dies the rights under the mortgage pass to her heirs. If a mortgagor (borrower) dies the mortgage company has a lien on real estate that still must be paid.
Ka'Ka!! Totally!!