A creditor can collect a debt from the surviving spouse under certain circumstances in a community property state. Usually, the debt has to have been accrued during the marriage.
Certainly, the debt is considered an asset of the estate and must collect it.
They can collect before it is settled
contact the executor of the estate and file to collect it from the estate. you have to notify the estate of the debt. Depending on the state, most must be filed with the estate within 4 months of the said death.
California Real Estate classes can be found on line at California estate websites. They can also be available at estate schools inside the state of California.
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.
Yes they certainly do have that right. That is the entire purpose of opening an estate, to collect all assets and pay all debts.
California Real Estate Company
The estate is responsible for the fees. So, yes, he can collect his money from the estate.
In California, you can get a real estate license at Department of Real Estate of State of California. For more information, you may contact them at (916) 227-0925.
Yes. If the CD is the sole property of the decedent with no beneficiary listed the estate must be reopened with a newly appointed estate representative to collect and distribute the remaining property.Yes. If the CD is the sole property of the decedent with no beneficiary listed the estate must be reopened with a newly appointed estate representative to collect and distribute the remaining property.Yes. If the CD is the sole property of the decedent with no beneficiary listed the estate must be reopened with a newly appointed estate representative to collect and distribute the remaining property.Yes. If the CD is the sole property of the decedent with no beneficiary listed the estate must be reopened with a newly appointed estate representative to collect and distribute the remaining property.
California no longer has an estate tax to speak of. It was repealed in 2005.
Yes, they can. Often a creditor will file for an estate so they can collect their money.