The estate has to liquidate all debts before they can transfer any assets to the children. One way or another, the chidlren end up paying the debt. If the assets are not enough to cover the debt, any real property may have a lien placed against it to cover those debts.
Certainly. He has a legitimate interest in the welfare of his mother.
Typically, the right to inherit or take under a Will lapses when the person passes away. So, no, the IRS would not have a right to collect from the father's assets which pass to the mother's son.
Because they live out their lives in groups, or pods, a calf would stay near its mother until one of them passes away.
The next of kin is usually a child and not a sister. For example, if a mother passes away, the next of kin would be her husband and then her children.
That may require a payment of taxes. The form of the life estate will also affect the tax situation.
== == Only if she has signed a paper saying you do. If your step-mother is of sound mind and agrees then you need Power of Attorney. Power of Attorney will cease when your step-mother passes away. == ==
Only with parental permission but when you are 18 you can choose yourself.
yeah, it takes a sperm and an egg to make a baby. Even if either your mum or dad passes away, you still once had a mother and father.
a toitose,antETC
Dave.
Jaime's mother passes away when he is allowed to go to school in the movie "Handel's Last Chance." This event motivates Jaime to pursue his education and music studies with determination and passion, in honor of his mother's memory.
Does Santa Claus pass away?No. Neither do his elves.