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As surviving spuse can you sell assets in the family b irrevocable trust to pay your bills?
Wiki User
∙ 15y ago
The provisions of the trust must be followed. Only the trustee has the authority to sell trust property according to the provisions in the trust.
Wiki User
∙ 15y ago
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Can the surviving spouse's wages be garnished for the deceased spouses medical bills?
No - the surviving spouse is not liable for the deceased person's bills !
Is surviving spouse responsible for medical bills of spouse in Illinois?
The estate would be responsible, but if the dying person had no assets, I do not think they could hold the spouse responsible, unless he or she signed a paper guaranteeing medical bills. what do you mean you think, do you know for sure?
Is the surviving spouse liable to pay medical bills for a decedent with no estate or probate assets in South Carolina?
The estate is responsible for the decedant's debts. You should consult a probate attorney and open an estate to settle any debts and distribute assets, even if you don't think there are any assets, you might be surprised.
Is a surviving spouse in TN responsible for medical bills?
It can depend upon how the admission papers were worded or what kind of written agreement the family had with the medical caregivers, but as a GENERAL RULE, no. The deceased's 'estate' and any of its assets, becomes responsible AFTER the payment of any valid medical insurance that was in effect at the time of death is applied.
Is the surviving spouse responsible for medical bills after death in Indiana?
While rules vary by state, the answer to the question is "it depends." Directly, the surviving spouse is NOT responsible for any medical bills or other debts that are entirely in the name of the deceased. Typically this is the case with medical bills. If a person dies and their are probatable assets, then creditors can make claim on those assets. However, given a little planning you can die without ANY probatable assets. The following assets are not subject to probate: Insurance - with a listed beneficiary Retirement plans/annuities - with a listed beneficiary Accounts held TOD - Transfer on Death Accounts held POD - Payable on Death Accounts held JTWROS (Joint Tenants with rights of survivorship) House owned with a survivorship dead Assets held in a trust Note: At no point did I mention a will. A will is a declaration of where you want assets to go, but only those assets subject to probate. So if Dad has $50,000 sitting in a checking account with no POD or Joint Tenant, that assets is subject to probate.
Will surviving children be responsible for paying deceased parents medical bills?
i just lost my aunt and her children had to pay her medical bills.there are programs that will help the children pay them if they cant. * Many times surviving family members will be sent medical and hospital bills after a person has died. However, the children of the deceased or other family members have no legal obligation to pay such debts unless they have agreed to accept the responsibility at the time the person(s) were receiving medical care. Medical bills as are all other debts and assets are considered part of the deceased's estate and are handled according to the state probate laws.
What are the assets?
debtors,stock,bills receivable etc
Is a surviving spouse responsible for a deceased spouse's medical bills in Massachusetts?
No
What are the current assets?
debtors,stock,bills receivable etc
Are financial assets traded in money markets?
treasury bills
What are financial assets traded in money markets?
treasury bills
In Florida what are the surviving spouses responsibilities for a deceased spouses credit card and medical bills?
The estate is responsible for any bills. But the assumption is that the wife inherits the husband's assets. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.
