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Do you have an obligation to shoulder the debts of your child of majority age?
Wiki User
∙ 11y ago
You do not have a legal obligation unless you agreed in writing to be responsible. You may have a moral obligation depending on the circumstances but you need to rely on your own moral compass to give you the answer in that case.
You do not have a legal obligation unless you agreed in writing to be responsible. You may have a moral obligation depending on the circumstances but you need to rely on your own moral compass to give you the answer in that case.
You do not have a legal obligation unless you agreed in writing to be responsible. You may have a moral obligation depending on the circumstances but you need to rely on your own moral compass to give you the answer in that case.
You do not have a legal obligation unless you agreed in writing to be responsible. You may have a moral obligation depending on the circumstances but you need to rely on your own moral compass to give you the answer in that case.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoYou do not have a legal obligation unless you agreed in writing to be responsible. You may have a moral obligation depending on the circumstances but you need to rely on your own moral compass to give you the answer in that case.
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What is the legal age that fathers are still liable for their child debts?
Until the child has reached age of majority in their state, usually 18.
Can a financee be suied for future husband's debts?
No, there is no current connection between the two. Legally she has no obligation for his debts.
What is the legally bound obligation to pay debts called?
The legal obligation of a business to pay a debt is called an:
Can child support be taken from inheritance or life insurance money that was left by a loved one?
Yes. The debts of the decedent must be paid before any assets can be distributed. Child support remains an obligation even if the parent dies and as long as there are assets to pay it.
Parents estate is left to child does child pay parents debts?
The estate is responsible for paying off any debts. However, in most cases if the debts exceed the value of the estate, the child is not required to pay the difference. This may not keep the collectors from trying.
Are parents responsible for debts of a single adult child after death?
The decedent's estate is responsible for the debts of the decedent.
Are you liable for 18 year old daughters debts?
If she's 18, she's reached the age of majority and is an adult. You have no responsibility for her debts except as follows: * Anything you cosigned * Any debts she ran up before she was 18
Can an estate collect debt?
Yes, in fact it is the obligation of the estate to collect all valid debts owed to the decedent. Debts owed to a decedent are considered assets of the estate. The estate's representative has authority to demand that all debts owed to a decedent be paid to the estate. If the debtor refuses to pay, the estate representative has legal power to sue to collect those debts if it has to do so.
If you are handling someone estate do you pay the debts?
In order to "handle someone's estate' you must be appointed by the probate court as executor if there is a will, or as administrator if there is no will. Once appointed then you have the authority and obligation to pay the debts of the decedent from any assets owned by the decedent. The debts must be paid before any property can be distributed to the heirs.
Which amendment describes rights of citizens representation and the voting and defined the obligation of oath takers and Civil War debts?
The fourteenth amendment (:
Is an adult child of a deceased parent responsible for foreclosure debts?
Not unless they were listed on the deed of the property that was foreclosed. The estate is responsible for settling the debts.
Is child responsible for debts of parents bankruptcy?
No, not unless the child was a co-signer and agreed to be responsible for payment of the debt.
