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I did when my father recently passed away. Many of them asked me to fax a copy of his death certificate and in some cases, they zeroed his balance owed.
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∙ 15y ago
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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 noncustodial parent owes 55000 in back support dies is that money still paid to the custodial parent the child is over 18?
Yes, if there's anything left in the estate after the higher priority creditors (if any) are paid.
A sibling dies who pays the medical bills?
Her estate is responsible for her debts. That means any property she owned at the time of her death should be paid over to her creditors. If there is no estate then the creditors are out of luck.
When a person dies can creditors get to 401K if a beneficiary has been designated?
no
When a parent dies and the estate has not posted notice to creditors can a child enter into legal agreements?
When a parent dies the estate must be probated in order for title to real property to pass to the heirs legally and for the court to appoint an Executor or Administrator. Only the court appointed fiduciary will have the authority to access accounts. Until the estate is probated there is no one authorized to enter legal agreements concerning the property. You should consult with an attorney who specializes in probate.
What rights do children have when the parent dies in Louisiana but stills owes money?
In Louisiana, when a parent dies and still owes money, the child typically does not inherit the parent's debts unless they have co-signed a loan or are a joint account holder. The child's inheritance will be used to pay off the deceased parent's debts before any assets are distributed to the heirs. It's important to consult with an attorney or a financial advisor to understand the specific circumstances and legal implications.
When custodial parent dies does noncustodial parent get custody?
Yes, they do.
What happens in Ohio when the spouse's parents pass leave half interest to the spouse and then the spouse dies and other relatives are after the spouse's interest in the parent's estate?
You, and his descendants, should inherit his estate. His estate includes the inheritance from his parents. There should be no argument about it. Contact a knowledgable probate attorney for assistance.
Are children responsible for their parent's debts when the parent dies even if you are power of attorney?
No
What happens when an animal's parent dies?
the animal will be confused as to where the parent is but over time will get used to not having a parent
If a young unmarried person dies without a will what happens to their car payment and bills?
Creditors can make claims against any estate left by the decedent. If the car loan is not paid the lender will repossess the car. If there is no other estate the creditors are out of luck unless there was a co-signer on any of the accounts. As bills come in the creditors should be notified of the death.
If a parent dies and leaves house to children must they pay off any debt left?
The debts of the estate must be paid before any distribution of assets is made. If the parent left a will and owned a home, the estate must be probated in order for title to pass to the heirs legally. The creditors must be notified of the death.
