0
Can a child with power of attorney be held responsible for opening a credit card and amounting debt in parents name?
Wiki User
∙ 12y ago
Yes, they can be held accountable. Any actions must be to the benefit of the principle.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
Is the Power Of Attorney responsible for deceased parents tax arrearages from 2 years ago?
A Power of Attorney is extinguished when the principal dies. The estate of the debtor is responsible for paying their tax arrearages.
Both of your parents have passed away and left you executor of estate are you responsible for all their debt left behind?
The estates are responsible for the debts. The attorney who is handling the estate will let you know how the debts will be paid.
If I am power of attorney can I prepay for funeral expenses for my father?
Yes I have done this for my Parents and your can get with the Funeral Home and Cemetary and Pay for everything even the opening and closing of the grave
Can an attorney collect unpaid fees from the parent of a child who is not a minor if the child owes the attorney money from a criminal case?
Generally, parents are not responsible for the debts of their adult children. (Sometimes there are exceptions for severely disabled children.)
Can a child be their parents' attorney?
An adult child can serve as their parents' attorney-in-fact under a Power of Attorney. That is often the case when the parents and child have a good relationship and the parents trust their child to act in their place and sign documents on their behalf.
Are adult children responsible for their deceased parents debt in Oregon?
Typically they shouldn't be. The debts of the deceased are the responsibility of the estate. Anyone that was also a co-signer on any of the agreements might also be responsible. Consult a probate attorney in your jurisdiction for help.
Are adult children responsible for parents debt gone to collection?
In most cases all the debts of the deceased are the responsibility of the estate. If someone was also a co-signer on any of the agreements might also be responsible. Consult a probate attorney in your jurisdiction for help.
Are the parents of a deceased adult son responsible to file federal tax returns when the person died intestate?
The executor of the estate is responsible. They are required to file a tax return for the deceased. It may be a good idea to consult a tax attorney before doing this.
Are parents responsible for adult child's debt to an attorney?
Very generally speaking, in the U.S. a person is not liable for any other person's debt, unless that person is a cosigner on a loan or something.
Are parents in KY responsible for collage cost?
No. States do not hold parents responsible for collage cost
Who is the responsible for a spoiled child parents teachers chiled himself?
i thin parents are responsible for a spoild child
Who is responsible for teaching a manatee how to survive?
It's parents are responsible.
