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The estate is responsible for the debts of the deceased. That means before the estate can be settled, all debts have to be cleared. If there is not enough in the estate to cover them, there are some people who will not get paid.

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โˆ™ 2012-02-25 17:01:21
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Q: Are children of deceased responsible for his debt in Colorado?
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Related questions

Are children responsible for the debts of their deceased mother in Illinois?

The estate of the deceased is responsible for the debt.


In Colorado is husband responsible for his deceased wife's debt?

Her estate is responsible for the debt. In most cases he will have to pay from the estate or his own pockets.


Are children of a deceased parents responsible for their IRS debt?

No, but usually the Estate will have to pay them before passing on any inheritance to the children.


Is the spouse of a deceased cosigner responsible for the debt?

The ESTATE is responsible.


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.


Are children responsible for deceased fathers debt in California?

Not unless they co-signed for the loans or credit cards. The estate is responsible for the debts.


Are adult children responsible for credit card debt of a deceased parent who had no estate and who lived in the state of Pennsylvania?

No.


If a parent owes credit card debt are the children responsible after the parent is deceased?

If they are not an account holder they are not responsible for the debt. All debts and assets and wills are handled in accordance with the state probate laws in which the deceased lived and/or owned property.


Are you responsible for your deceased mother's debt with an applicance store?

If you were not listed as a joint account holder you are not responsible for the debt.


Are adult children responsible for deceased parents debt in Minnesota?

Not unless they co-signed for the debt. The estate is responsible for any remaining debts. If there is not enough in the estate to cover them, someone will not get paid.


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 children of deceased responsible for his debt in California?

The estate is responsible for all the debts of the deceased. That means before the estate can be settled, all debts have to be cleared. If there is not enough in the estate to cover them, there are some people who will not get paid.

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