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Can you buy your mothers home and property for assessed value to help pay for nursing home and other bills?
Wiki User
∙ 12y ago
You can buy your mothers home for whatever reason you choose. Since it is not an arms length transaction the property may be reassessed at a price different than the sale price based on local regulations however.
Wiki User
∙ 12y ago
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Are adult children responsible for their deceased parent's unpaid nursing home bills?
No. Not unless they agreed in writing to be responsible for those bills. A parent's estate is responsible for paying their debts whether those debts are for a nursing home, credit cards or utility bills. Their property cannot be distributed until the debts are paid. If there are not enough assets in the estate the creditors are out of luck. The exception is mortgages. If the mortgage isn't paid the bank will take possession of the property by foreclosure.
Can a grandchild be responsible for debt of nursing home?
No, unless the granchild guaranteed the nursing home bills. Otherwise, grandpa, or grandpa's estate would be solely responsible for the bills.
Can a nursing home take money from an IRA for payment of bills?
no
If your the executor of a will and you find the bank account has Pay upon death on it and it is not the executor who pays taxes on that?
I have been the executor of my mothers money, I pay her nursing home bills with it, she just died and i have 200,000 dollars left, do I have to pay tax on that money.
How much are Nursing bills?
Sadly nurses do not have bills, they are billed with the expense of the rooms they work in at the hospital. These things really must change.
Anna invaded Germans property she has to pay him 150 for invading his property she has 3 bills of 100 2 bills of 50 and 5 bills of 10 What is the probability that Anna will pay with a bill of?
that's bloomin maths
Can you go to jail for writing checks on mothers account to pay her bills?
not if she can't do it herself.
How do you keep a lien from going on your property?
Pay your bills.
What is a Tax Parcel ID?
it is synonymous to (section-block-lot). it is the designation that the town/village assessor gives to a particular piece of property. that number appears in the tax rolls for your town and identifies an individual piece of property as to its ownership, assessed valuation, exemptions and tax amount
Can a hospital foreclose a property of parents due to their hospital bills?
No!
Can single mothers receive financial aid from the federal government to help pay for bills?
A good place to look for financial aid and other assistance for single mothers is www.singlemom.com/. Although financial aid for single mothers is usually geared toward paying for education rather than bills, there are other resources on the web site that can help you with your expenses.
How do you use astuteness in a sentence?
Bills astuteness led him to the gain of many cookies behind his mothers back
