0
When a parent dies are the adult children responsible for any unpaid utilities?
Wiki User
∙ 11y ago
No
Technically speaking it is the parents "estate" that is responsible for the debt. In other words if the parent is leaving anything of value behind (cash, cars, house, etc) than the estate is required to pay off all possible debts BEFORE the remaining value can be distributed to children as part of an inheritance.
Whoever is the executor of the estate (usually named in the will) is responsible for paying off all debts, unpaid utilities, loans, mortgages, etc but they use the estates money to do so. This may require selling anything of value (houses, cars, etc) in an effort to get the cash needed to pay these bills.
Whatever is left over after paying these debts can then be given to the benefactors of the will (or in the case of no will, it usually goes to the spouse or split among children)
However, in the event that the total value of the estate can not cover all of the debts, these bills do not need to be paid. But if that happens that also means there is nothing left over for anyone to inherit.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Can an attorney collect unpaid fees from the parent of a child who is not a minor if the child owes the attorney money from a criminal case?
Generally, parents are not responsible for the debts of their adult children. (Sometimes there are exceptions for severely disabled children.)
Are adult children responsible for their deceased parent's unpaid nursing home bills?
No. Not unless they agreed in writing to be responsible for those bills. A parent's estate is responsible for paying their debts whether those debts are for a nursing home, credit cards or utility bills. Their property cannot be distributed until the debts are paid. If there are not enough assets in the estate the creditors are out of luck. The exception is mortgages. If the mortgage isn't paid the bank will take possession of the property by foreclosure.
Can a custodial parent seek back child support payments from non custodial parents spouse if non custodial parent is unemployed in the state of Florida and her new husband adopted them?
The new husband is not responsible for the NCP's unpaid child support.
Can my new husband be held responsible for my ex-husband's unpaid debt?
Sadly, no.
Is a wife responsible for unpaid taxes of her deceased husband in Illinois?
most of the time
What are the Examples of outstanding expenses?
Examples of outstanding expenses include unpaid salaries or wages, accrued interest on loans or credit, unpaid rent or utilities, and unpaid taxes. These expenses have been incurred but have not yet been paid for or recorded in the financial statements.
Are the parents of a deceased adult child with no estate responsible for paying unpaid debt?
No, if they were not joint debtor's with the deceased they are not responsible for any of his or her debts.
Are you responsible for unpaid debts of your spouses previous marriage?
No. Only debts you made together.
Who is responsible 3 year old repo debt when debtor dies?
The estate of the debtor is responsible. If there are not enough assets in the estate, it goes unpaid.
Is a spouse responsible for unpaid income taxes?
Usually both parties are responsible for tax debts during the marriage. A spouse might not be responsible for taxes owed before the marriage.
Will become responsibe for adult son's debts become executor?
The estate is responsible for the debts of the deceased. The executor is not personally responsible for them.
Are adult children responsible for hospital debt of deceased parent?
The deceases "estate" should take care of any medical bills that have gone unpaid. Also Medicare should be paying part of this if the deceased was age 65 or over. Whether or not the hospital can come after family members for this needs to be answered. Surviving family members are not responsible for medical costs of a deceased person unless they entered into a written contract with the care facility.
