If a card holder is deceased but a family member had an additional card and charged over 5K since the death is this considered fraud and does the estate have to pay the debt?
Yes, it IS fraud, and the estate should NOT pay the debt, instead the trustee should turn in the criminal to the credit card company and point out that the estate of the deceased is not responsible for any debt incured after the death date. This would be fraud. I am sorry for your loss, and all of the trouble that you and your family are going through now. God Bless:)
If a card holder is deceased but a family member had an additional card and charged over 5000 dollars since the death and is now recently deceased who is responsible for the fraud and debt?
An Executor is charged with the responsibility of over seeing the settlement of the Estate of the deceased. Working with the Estate lawyer and the beneficiaries the Executor ensures the wishes of the Deceased are carried out and that the Estate is protected from any wrongful claims against it. This can involve compiling paperwork and asset lists, property holdings and chasing down other funds payable to the Estate. In some places the Executor carries a…
Are unsold works of art which have not been appraised of a deceased person considered to be assets to his estate?
Is an additional card holder liable for credit card debt after the owner has died when the card has been used after the owner died?
Retirement Benefits after Death? NO. Retirement benefits cease once a person dies and therefore would not be part of an estate. When a person Dies, they are no longer considered "Retired", They are after death considered "Expired". Life insurance also is not part of an estate unless there is no named beneficiary. The proceeds of a life insurance policy belong to the beneficiary named on the policy, Not to the deceased nor to the deceased…
If a person has been granted the administration of estate of the deceased is he or she obligated to pay the deceased debts?
If a property is owned by the daughter and the deceased mother is that considered the deceased estate?
In North Carolina if there is no will can the brothers of the deceased override the children's claim to the estate if witnessess swear the deceased left his entire estate to his brothers?
Will the estate of deceased in NC be responsible for medical bills if the deceased did not have insurance or a will?
Who receives your deceased father's share of your deceased grandmother's estate when he was left her house in the state of Oklahoma?
How do you sell a car of a deceased person that has a lien on it is it best for the children of the deceased to let the car be repossessed?
In the state of Michigan if the surviving spouse is additional user on a credit card of the deceased will the surviving spouse need to pay the debt?
Any and all assets of a deceased can be used for the repayment of his debts. However, if the pension is making a lump sum payment to a "beneficiary" like a spouse, then it would not be considered an asset of the deceased and you could fight any claims a creditor might make, but if it just pays out to the deceases estate then its fair game for payment of any debt therein.
The taxes of a deceased person would be the responsibility of that person's estate. If the children are the administrators/executors of the the estate, then they would be responsible for filing the taxes on behalf of the deceased; but the payment would come out of estate funds, not from the children personally.
Do children who have been adopted by another family have same entitlement to estate as other children?
What happens when a married couple one living and one deceased and both names are on the house and the one goes in a nursing home?
Can a deceased person be sued for injuries suffered in a car crash he caused and if no estate has been opened?
Life Insurance and Estates NO, not if the named beneficiary is not deceased. The proceeds of a life insurance policy belong to the named beneficiary not to the deceased. It should not under any circumstances be included in the estate of a deceased or the probate process. If no beneficiary is named or if all beneficiaries are deceased then their is no alternative. When their is no named beneficiary then the value of the life…
In New Jersey a car is the property of the person listed on the Certificate of Title. If the car is in the surviving spouse's name then it is not in the deceased spouse's estate. If the car was in the name of the deceased spouse, then it is in the decedent's estate, even if they both considered it to be the surviving spouse's car and was used solely by that spouse. The sole determining…