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If you were given land by your mother in which she still lives could creditors take the land to pay off your debts if you were to die even though she lives there?
Wiki User
∙ 17y ago
If the land was given to you outright and you have all proper documentation filed with the state, it is reasonable to assume that the land would be considered an asset and subject to creditor's taking. However, if this land is part of a will/estate and only becomes yours at the death of your mother, then it cannot be taken by creditors. You should see how far along the transfer of the land has been processed. You may wish to solicit the assistance of an attourney in any event.
Wiki User
∙ 17y ago
If you were given land by your mother but she still lives there, creditors generally cannot take the land to pay off your debts in most cases. However, it's important to note that laws may vary depending on the jurisdiction. It is recommended that you consult with a legal professional to fully understand the laws and protections in your specific situation.
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Are kids responsible for mothers bills if she has no estate?
Generally, mother's estate is responsible for her debts. If there is no estate her creditors are out of luck.
If your mother dies and leaves no estate are her children responsible for paying her creditors?
A decedent's estate is responsible for payment of the debts. If there is any property in the estate, the debts must be paid before any property can be distributed to the heirs. If there is no property the creditors are out of luck.
Is a daughter still at college responsible for her fathers debts after his death even though he left no money?
The estate is responsible for the debts of the decedent. If there is no estate the creditors are out of luck.
Your mother died with no estate and all debts were closed What happens if she had a pending lawsuit that was settled a year after her death Can creditors still collect on the settlement money?
If there is a lawsuit that benefits the estate, the estate will have to be reopened. The creditors can make their claims. The court should not have a problem reopening it in this instance. The creditors can force it as well.
As a son are you responsible for your mothers rest home balanceshe has no estate?
Unless you signed a contract agreeing to be responsible, your mother's estate is responsible for her debts. If she has no estate then her creditors are out of luck.
Will you be responsible for your mothers outstanding dept if she died without any assets?
No. Unless you agreed in writing to be responsible for your mother's debts, her estate will be responsible. If there is no estate the creditors are out of luck.
What happens when no estate and no insurance who pays debts?
The decedent's estate is responsible for the decedent's debts. If there are no assets the creditors are out of luck.
You are the successor trustee of your deceased mother's estate in California Are you responsible for her credit card debt?
No, you are not PERSONALLY liable for your mother's debts. Debts of the deceased are paid from the estate, so as the Trustee for that estate, you would have to see that the debts are paid from the estate. Creditors must file a claim against the estate to be paid, and state laws dictate the time limit for filing such claims.
Your mother died 5 years ago in California and the estate was closed a year later so are you still liable for credit card debts as the sole beneficiary of her estate?
How could the estate be legally closed if there were still outstanding debts owed? Sounds like someone didn't do the job of running the estate properly. There could be a legal reason for the creditors to ask the estate to be reopened.
Can debt collectors make a beneficiary pay the decedents debts?
The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.
Who is liable for your mothers hospital bills if there is no will?
Your mother's estate is responsible for her debts. If she owned any assets then her estate must be probated to give her creditors the opportunity to make claims. If she had no assets then you should notify her creditors of her death by sending a copy of the death certificate with the bill to the billing office.
My brother dies in Texas and has no assets am I responsible for his credit cards and other personal debts?
Your brother's estate is responsible for payment of his debts. If there is no estate then his creditors are out of luck. You could send any bills back along with a copy of his death certificate.
