0
It depends on the age of the child. If they are minors, they shouldn't have debt, as they are unable to contract. If they are over 18, the debts are not the parent's responsibility unless the parents co-signed. The estate should be set up to resolve the debts.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Is child liable for a deceased parent's debt?
As long as the child is not a cosigner on the debt, the child is not responsible for parent's debt. The parent's estate would be responsible for the debt. Technically this could reduce the inheritance the child receives, but it is not the responsibility of the child.
If my husband dies and leaves credit card debt and our childrens parent plus loan debt am I responsible for assuming the debt in PA?
not if you have death insurance on the loan and credit cards
Is it a law that a parent be responsible for their childrens wrongful acts in Texas?
It's a general legal principle everywhere that parents are held liable for the actions of their minor children.
Are you liable for debt cancelled in bankruptcy?
No you are not, If you deglared bankruptcy, that cancels your debt
My brother died in a car crash and has no estate I am the Executor or Administrator of an Estate because of legal case against driver The Hospital is asking for payment of debt am I liable for debt?
You are not personally liable for the debt. The estate is liable for the debt. If the law suit results in payment, it would have to be used to settle the debts.
Who is liable for my husband's debt that he had before marriage?
He is. What he comes to the marriage with is his, including debt.
If you marry a norwegian am you liable for his debt in Norway?
no
Can you be liable for someone else's credit card debt if you made their minimum payment every month out of your checking and you weren't a joint card holder?
No. Someone who pays the debt or an authorized user are not liable for the debt. Only someone named as a joint account holder can be held liable.
Is custodial parent liable for for child who won't listen to custodial parent and runs to noncustodial parent?
for what?
Are you liable for unsecured debt if you die in Florida?
A dead person in any state is not liable for debt. The deceased's estate is responsible for the debts to the extent there are assets in the estate to pay them.
What debit am i liable for when Married in community of prop and husband deceased?
The only debt you're liable for - is anything in joint names. Any debt solely in his name died with him.
Is the estate liable for the debt on a surviorship deed?
The estate is liable for the obligations of the deceased. They would have to settle the debts.
