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It is doubtful that she had no estate at all. Taxes would have to be paid first out of the estate and they would not allow otherwise. Assuming she truly had nothing, including no residence, no bank account at all, no Social Security Check, no car, no nothing, then maybe they would let it go. When I mean nothing, this includes stuff that family has taken from her home, the house that was transferred to a child a few years before she died, the car that was moved to someone else's name, and the cash that was used to pay something else. If these items were transferred out of her name or taken from her accounts, or so on, you better get together and pay her income tax debt, or be subject to fraud and other charges from the State. They will investigate any assets that were in her name in the past several years even if you bought the home from her at a low price, you will be subject to charges of hiding assets to avoid claims.
Wiki User
∙ 7y ago
Wiki User
∙ 14y agoThat is the reason to create an estate. The executor of the estate files the tax returns on behalf of the individual. They may have to obtain a special tax number from the state and/or federal government.
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You are the successor trustee of your deceased mother's estate in California Are you responsible for her credit card debt?
No, you are not PERSONALLY liable for your mother's debts. Debts of the deceased are paid from the estate, so as the Trustee for that estate, you would have to see that the debts are paid from the estate. Creditors must file a claim against the estate to be paid, and state laws dictate the time limit for filing such claims.
What happens to a deceased's estate if there's no will?
In most countries the state takes over the estate and distributes it to the deceased's relatives in accordance with the law. If no relatives can be found the estate becomes the property of the state.
Are children responsible for their deceased mother's debt in the state of Maryland?
Typically they are no responsible. However, the estate has to resolve it before making a distribution.
In North Carolina if there is no will can the brothers of the deceased override the children's claim to the estate if witnessess swear the deceased left his entire estate to his brothers?
In North Carolina, if there is no will, the deceased's estate would generally be distributed according to intestacy laws, prioritizing spouses and then children. If witnesses claim the deceased left the estate to his brothers, this may need to be proven in court, and the court would consider evidence and applicable laws to determine the rightful heirs. Ultimately, it would depend on the specific facts and circumstances of the case.
Is the surviving spouse responsible for a deceased spouses medical bills in state of Alabama?
In every state, the estate is responsible for the debts of the deceased. Only after they are resolved can the estate be closed any remainder distributed.
Can you open an estate account for your deceased mother even if you do not live in the same state where she lived?
You may if you are the court appointed estate representative.You may if you are the court appointed estate representative.You may if you are the court appointed estate representative.You may if you are the court appointed estate representative.
In the state of Maryland who pays the credit card debt of a deceased parent?
Generally, the deceased parent's estate is responsible for the debts of the deceased. The creditors should be notified of the death. If there are any assets the estate should be probated.
Can you drive a car of a deceased person?
If the car is titled only to the deceased, then it is part of the estate. Depending on state law and the will instructions, the car may have to be parked until the estate is settled.
When a deceased child is made a beneficiary of an estate does the children of the deceased automatically receive the inheritance?
yes. unless the will state otherwise
Where could we find out about estate tax rates?
Estate or death taxes vary from state to state and country to country. In the US there is a tax imposed on the transfer of the taxable estate of a deceased person.
What should you do if a creditor is trying to collect a debt on a deceased individual in the state of Georgia?
Refer them to the estate of the deceased. 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.
Is cash held in the deceased's name by the state until after probate exempt from estate taxes?
No.
