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Has the lowest claim on the assets and cash flow of the firm?
Common shareholders have the lowest claim on the assets of assets of a firm. They have only a residual claim on the assets and are far below the preferred stock classification.
When a parent dies are the children held responsible for any debt left?
The parent's estate is responsible for their debts. If there is no estate the creditors are out of luck. However, if the parent left any assets, the estate must be probated in order to give creditors an opportunity to file a claim.
Are grown children of deadbeat dad entitled to his assets?
Not unless they have taken over the claim for support from the obligee parent. This normally takes place upon the death of the mother.
What is a claim against assets?
Refund of money,debt,assets,or nay value at time of liqidation
Can noncustodial parent claim 1 child if divorce with 2 child?
can noncustodial parent parent claim 1 child if divorce with 2 kids
A claim against a firm's assets by a creditor?
Networth
Who has the first claim to the profits or assets of a firm?
a - lenders
Who has the first claim to the profits and assets of a firm?
Creditors.
If a child lives with one parent can the other parent who does not live in the same home claim that same child?
Not on taxes no. The parent the child lives with has the main right to claim the child. But if that parent can't or doesn't want to then the other parent can
Can a Claim against girlfriend assets if noncustodial father resides with?
no
Can Medicaid levy my assets?
Medicaid will file a lien/estate claim on your assets to recover the cost of medical care.
When a parent dies are family responsible for their depts?
The parent's estate will be responsible. If there are not enough assets, the debts may not get paid.
