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If the executor personally signed for the funeral, yes. Typically the estate pays the cost of the funeral. In that case the executor would pay the bill from the estate, not out of his own pocket.
Wiki User
∙ 9y ago
Wiki User
∙ 15y agoReasonable funeral costs are paid from the estate, not necessarily all funeral costs. This limitation is necessary because the actual cost is not a debt of the decedent. It is a debt entered into by the person making the arrangements. By limiting funeral expenses only to reasonable expenses, the person making the arrangements is forced not to be wasteful or unduly extravagant or he or she may not be allowed the full amount out of the estate and may have to pay the balance out of his or her own pocket.
Wiki User
∙ 13y agoIn most cases the will specifies covering the cost of the funeral first. 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.
Wiki User
∙ 14y agoFuneral cost are normally paid out of the estate. In many cases the first thing in the will is to specify that is covered. Then the other debts are liquidated.
Wiki User
∙ 17y agoYes.
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Is the estate of the deceased responsible for funeral expenses in NY State?
Yes, funeral expenses are a valid debt to the estate. The estate has to pay off the debts including funeral expenses. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
Can my deceased father's beneficiary who has dementia let her power of attorney not help pay for funeral expenses?
Your father's estate is responsible for paying the funeral expenses from his assets. The expenses and debts of the estate must be paid before any distribution is made to any of the beneficiaries. Therefore the funeral expenses must be paid before the beneficiary receives her portion from the estate.
Is the estate of the deceased responsible for funeral expenses in Michigan?
Yes, the estate is responsible for the funeral. Once all debts are resolved, then the remainder can be distributed.
Can an executor access stock funds to cover funeral expenses?
The stock funds would be a part of the estate. They can be sold to cover estate debts.
Can you as a child be held responsible for parents debts after death?
In most cases the debts of the deceased, including funeral expenses, are the responsibility of the estate. The estate, or its beneficiary should reimburse any valid debtors before giving any of the assets away. Consult a probate attorney in your jurisdiction for help.
Can you be reimbursed for funeral expenses and probate from your siblings from a sell of a estate?
These would be valid claims against the estate. It should be a debt that the estate pays. No they are not personally responsible for the debt. One of the primary reasons to open an estate is to resolve such debts. 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.
If you are the beneficiary of compensation do you have to pay off the deceased debts?
The estate of the decedent is responsible for any debts owed by the decedent. Those debts must be paid BEFORE any distribution is made to the beneficiaries. The debts were incurred while the decedent was alive. The funeral expenses, by law, must be paid before any distribution can be made to the beneficiaries. It is the responsibility of the estate fiduciary to settle the estate by paying the debts of the decedents. The beneficiaries receive any assets that remain after those debts have been paid. See related question link.
Can an executor reimburse a beneficiary for funeral costs?
Most wills have a provision providing for payment of funeral expenses out of the proceeds of the estate. Check the deceased's will to see if this indeed is the case. If so, a beneficiary (or any other person for that matter) who pays the funeral expenses should be reimbursed. As a side note, the expenses associated with the funeral are usually deductible expenses when filing the estate's inheritance tax return. Check with either an estate attorney or the register of wills (or Orphan's Court) of the county where the will was probated (or will be probated). You should be able to get the answers you need from the register of wills.
How is the estate calculated in a will?
The "estate" is everything belonging to the dead person. It is calculated by subtracting everything owed from everything owned. In other words it is what is left after all the dead persons debts and funeral expenses are payed but before any death taxes are calculated.
Who is responsible for funeral costs if a person has no estate?
The estate has the responsibility to pay off the funeral costs and debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
Can you explain who is liable for funeral expenses from this i give devise and bequeath all the remainder of my real and personal property wheresoever and whatsoever to which may be entitled?
This clause of a will only directs that an estate be divided equally, you would not be able to tell who was responsible for funeral costs, however, the executor of the estate would be responsible as they are appointed to deal with the deceased's estate, which includes their debts, which the costs of the deceased's funeral is one of the first and foremost debts to be recognised.
What if there is not an estate to pay for the funeral does the beneficiary of life insurance policy have to pay?
The life insurance is part of the estate not separate from it. In the UK and most other countries, all debts starting with the funeral expenses must by law be paid first from a persons estate. Once all funeral costs, debts and expenses are paid from the estate, only then can any monies be paid out (if there are any left after payment of such bills and expenses).United StatesWhen the decedent named a beneficiary on a life insurance policy the payout goes directly to the beneficiary and is not considered part of the estate. Being a named as a life insurance beneficiary does not oblige the beneficiary to pay for the funeral. The next of kin, if any, must pay for the disposition of the body. If the beneficiary is also a next of kin you may be successful in suing them for their share of the expenses.
