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My mom passed away but financed a car i was making payments on for her she is no longer living so can i just give the car back to the bank or must the debt owed on the car come out of the estate?
Wiki User
∙ 14y ago
In the United States, wills and probate are under state law. If there is a probate lawyer, ask him. In this state probate law has a provision for that.
Wiki User
∙ 14y ago
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When is life insurance part of net worth?
Life Insurance goes to a beneficiary, not an estate. Unless the beneficiaries are no longer living.
Can ssi deduct payments for crime conviction?
No. Not unless the individuals living circumstances change (e.g.: the recepient goes to prison and no longer needs the supplement payment).
You bought a car with gmac through finance after one month you realized that you made a mistake as you could not afford to meet the monthly payments what should you do?
First see if you can get the vehicle financed for a longer period of time, thus lowering your payments. If you can not do that then call the finance company and see if they can help some other way. Last, you may have to give the vehicle back.
Where would you find references to the deceased's child support and spousal support laws?
For child support and spousal support, once the individual dies, the estate is no longer responsible for any continuing payments. However, if there are arrears, then the estate would be responsible. The party owed the arrears should file a claim against the estate in probate court.
I am the only child of my father who is deceased. His mother passed away in California. She has one daughter and one step-son living. What are my rights to her estate if she had no will?
I am assuming that your grandmother does not have a spouse who is still living. In California, if a resident dies without a will or trust, then the laws of intestate succession are used to determine who will inherit the estate. If your grandmother was not married, then the estate would be divided in equal shares (if they are in the same generation) to her children. If there are no children or grandchildren living, then the estate would go to her parents. If her parents are no longer living, then the estate is distributed to the "issue of the parents." (Issue is the legal term for children, grandchildren, etc.) I am not an attorney but typically, in your situation, you would inherit one third of the estate. (Your father's portion.)
Can you refinance a car loan after the car has been totaled and repossessed to get lower payments?
NO. You no longer have collateral to secure the loan. Unless you are willing to use real estate or another vehicle that is fully paid off and owned for security.
Can the executor sell sisters life estate with no insurance on house or needs repairs?
An executor cannot sell the life estate. If the sister was given a life estate she has the right to the use and possession of the property for life. The property cannot be sold without her written consent.
Can a computer be repossessed if payments can no longer be made?
Yes it can
If you own your car or house and are no longer making payments should you still have insurance on them?
If you own your car or house and are no longer making payments, should you still have insurance on them? Explain why or why not.
What happens to a home that is not sold and is part of an estate and the estate can no longer pay for the upkeep of this home?
The estate will have to sell or abandon the home.
How long do you pay child support if the child is 20 and dropped out of college and living with a guy as man and wife?
The child is no longer in school, so you can start the legal process to end the payments.
What is toxic real estate?
Toxic real estate is that in which the value has fallen significantly and for which there is no longer a market for.
