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Not unless the parent was a co-signer or guarantor.
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∙ 14y ago
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Can the executor of estate be held liable for taxes owed if estate is solvent?
The executor is responsible for paying any debts, including taxes, owed by the decedent before any assets can be distributed. If the debts are not paid and assets are distributed the executor can be held personally responsible.
Can you be held liable for your parents debts?
Generally, no. Not unless you agreed to be responsible and signed an agreement to that effect.
Can a wife in WI be held liable for a husband's debts?
Most states, yes, so is likely if incurred during union.
In Utah can you be held responsible for a debt that you did not sign for?
There are a few debts for which you can be held responsible whether or not you signed. If you received a service and did not pay the vendor, you could be held criminally liable. If you received healthcare and were unable to sign at the time of treatment, you will be held responsible. If you agreed to pay during a telephone call and that call was recorded, you could be held liable.
Can a sibling be held liable for another sibling's debts if the deceased sibling was not married had no children and left no assets or any estate?
No, a sibling will not be responsible for the debts. The estate is responsible for the debts. If the estate has no assets, the creditors will not get paid. If there are not enough assets to pay the debts, the beneficiaries will not receive anything.
Is it a law that a parent be responsible for their childrens wrongful acts in Texas?
It's a general legal principle everywhere that parents are held liable for the actions of their minor children.
In Ontario Canada estate law under what conditions can the heir of an estate be held personally liable for the debts of the deceased if the will was never probated?
If they took possession of estate assets, they can be held liable. Taking the estate through probate is done to cut off these sorts of claims.
Can husband be held liable for wifes debts in state of Arkansas?
In Arkansas the estate will be responsible. The spouse indirectly will pay, as they cannot inherit until they are resolved.
Does the expenses of the home of the deceased get paid before medicaid lien?
You should consult with an attorney who specializes in probate. There is generally a legal order of priority for paying debts of an estate. If you do not follow it then you will be held personally liable to creditors who should have been paid first.You should consult with an attorney who specializes in probate. There is generally a legal order of priority for paying debts of an estate. If you do not follow it then you will be held personally liable to creditors who should have been paid first.You should consult with an attorney who specializes in probate. There is generally a legal order of priority for paying debts of an estate. If you do not follow it then you will be held personally liable to creditors who should have been paid first.You should consult with an attorney who specializes in probate. There is generally a legal order of priority for paying debts of an estate. If you do not follow it then you will be held personally liable to creditors who should have been paid first.
If a 15 year old unlicensed minor learning to drive with an uninsured adult has an accident who is liable the parents of the minor or the uninsured driving instructor?
The owner of the vehicle is usually held liable.
Can we as a family be held liable for our daughter's debt?
There are a number of factors involved. Typically the estate is responsible for paying the debts, including the funeral and medical bills of the deceased. If the daughter is a minor, or still listed on the parent's medical insurance, the parents can be held responsible. parents co-signed any paperwork regarding medical procedures, they may be held liable.
Can the administratrix of an estate be held liable for law suits pertaining to the deceased?
The estate of the decedent is responsible for paying the judgment in any lawsuit against the decedent. When notice of the lawsuit has been filed in the estate the Administrator would be responsible for maintaining the assets until the lawsuit has been resolved. No distribution can be made to beneficiaries until the debts of the estate are paid. The Administrator can be held liable if they distribute assets before debts are paid.
