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Is a child of a deceased parent responsible financially for any debt incurred at a nursing home in North Carolina?
Not unless they signed taking that responsibility on. The estate has to resolve the issue.
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.
Who is responsible for a deceased parent's bank loans?
The parent's estate is responsible for the loans. If there are no cash assets to pay the loans the lenders will take the property such as real estate or a vehicle.
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.
If a dependent parent dies are the children responsible for the tax debt?
If a dependent parent dies then the estate will be responsible for their tax debt. If you are over their estate then you would have to ensure that the government gets their taxes.
Is an adult child responsible for a parent's debt when there was no will and no estate?
There is an estate! If you haven't opened one, you should. The estate is responsible for the debts. Consult an attorney for the area that you live in for specifics.
When a parent dies who is responsible for their bills?
The estate of the deceased is responsible. In many cases the spouse will be held responsible as well.
Who is responsible for debts when a parent dies in Mississippi?
The estate is responsible for the debts. Until they are resolved, nothing can be distributed.
In Ky is the surviving child responsible for deceased parent medical bill?
No they are not personally responsible for the medical bill. One of the primary reasons to open an estate is to resolve such debts. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
When a parent dies in Louisiana are the children responsible for the debt still owed by the deceased parent credit cards taxes mortgages etc?
The estate is responsible for all debts. Please consult a probate attorney for specifics on how to open an estate.
When a parent dies in Washington are children responsible for debt when there is not money or an estate?
They are not personally responsible. The estate has the responsibility to resolve the debts. If the assets are not adequate to resolve them, they have to be written off.
Are children of deceased parent responsible for bills in ga?
In Georgia the estate is responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed and any remainder distributed.
