What happens if you have a car that was hidden for 8 years out of state and the loan is in a deceased parent's name?
The estate of the deceased parent is responsible for the debt. The leinholder gets the car.
Generally, grandchildren would step into their parent's place if their parent predeceased their own parent. If the grandchildren's parent is not deceased the grandchildren are not entitled to share in the estate. For example, suppose Henry, a widower, died without a Will and Henry had two daughters, Molly and Bridget. Molly died several years before Henry. Molly's children would be entitled to share her 50% and Bridget would be entitled to the other 50% of…
The laws may vary from state to state but typically anyone over the age of 18 is responsible for their own bills and the parents are not. An unpaid medical bill is no different from any other unpaid bill. When the bills of your deceased adult child begin to show up, normally you can write "Deceased" on the envelope and mail it back to the company. Check with a lawyer in your state to be…
As with nearly anything owned by the estate of a deceased person, the answer will depend upon whether there was a valid will, or upon the laws of intestacy where the property is located. For example, if there is no will, and no surviving parents, the children (or their heirs) might inherit all of the property in equal shares, if that is what the state laws of intestacy say.
When a grandparent is applying for legal guardianship of children because parents are deceased can the children decide who they want to live with?
Who will get the assets of a deceased parents if children are underage and there is no will and testament in state of Florida?
When a person dies without a will then his property passes according to the state laws of intestacy. Generally, if your brother had a surviving spouse and/or children they would be first in line to inherit. If none then parents would be next. If none then his property would be shared by his siblings and/or the children of any deceased siblings. You can check your state laws at the link below.
What rights do the children of deceased parents have when it comes to property if both parents die leaving a minor child and other adult children?
Whose name was on the account? If it was a joint account, then the surviving owners of the account "inherit" the portion contributed by the deceased spouse. If only the name of the deceased was on the account, and it is not a community property state, then the entire account belongs to the estate and will be distributed according to probate rules of the state.
Your spouse is your next of kin if you are married. If you have no spouse and no children then your parents and siblings are your next of kin. Which is first depends on the law where you live. It depends on state law; however, generally the deceased person's spouse (through marriage) would be next-of-kin. If the deceased person is not married, it would generally be his/her parents.
No. The age of the children is not relevant unless they are adults who entered into a financial agreement with the parents. For example joint holders of a credit card account. The estate of deceased person(s) is responsible for paying any debts in the manner prescribed by the probate laws of the state where the person lived at the time of their death.
In the State of Kentucky when a minor child dies and the parents are divorced with joint custody what happens to money that the deceased child had invested?
I am sorry for the parents loss. But I hope that they are not fighting about the money. A good thing to do with the money would be that neither parent get it and it go to a memorial college fund in the name of the child. * The distribution of funds depends upon how the account was established. For example if the account was held by one of the parents with survivorship rights being…
What happens when a separated spouse will not allow sale of deceased spouses home when there is an executor?
Yes. www.Forgottendependents.com - Forgotten Dependents have scholarships for children with deceased parents. Please check out the website - www.Forgottendependents.com Also check out the Louis Joseph and Elmer Marvin Rosenbaum Memorial Fund If attending (or will be) Michigan State: Walter and Shirley Sperber Scholarship If you graduated High School in NW Ohio or SE Michigan: Toledo Estate Planning Council If attending (or will be) Penn State Brandywine: Barbara S Iannacone Memorial
What if you have your parents deed and it does not say tenants by entireties and your mom is deceased do your father gain ownership of the house?
The answer depends upon the laws of the state in which the decent died. It also depends upon what the will says. Some will specifically state what happens in such a case and those wishes are to be followed. In absence of specific directions or in absence of a will state laws control. Different states might have different rules. As an example, in NJ, there are several rules dealing with this issue. First, if the…
Generally, if both parents are deceased the siblings or issue of any deceased siblings would be next of kin. If there are no siblings or issue of siblings the next of kin would be collateral kindred and that can get more complicated. There are charts that show how to determine collateral kin and the state laws of intestacy control who inherits in an intestate estate. You can see more at the links provided below.
If a Certificate of Deposit is in two peoples names what happens if the first person dies does it become part of the deceased estate or does it go directly to the other person outside of the estate?
Siblings have the same parents. Heirs-at-law are all the people who would inherit your property according to your state laws of intestacy if you died without a will. They are listed generally as follows: your spouse, in some jurisdictions, your spouse and children if no spouse your children if no children your parents if no parents your siblings if siblings are deceased, their children and on and on You can check the laws of your…