The estate or actually the executor of the estate is responsible for medical and other expenses as part of the distribution of the estate. After all debts have been paid from the proceeds of liquidation of the estate only then can funds be distributed to beneficiaries. The executor of the estate and beneficiaries of the estate need not pay anything out of their own pocket if the estate cannot pay for the entire bill. But if the expenses are not paid the hospital will certainly come after the estate and any monies that were distributed. Check the terms of the life insurance. If payment is assigned directly to the beneficiaries you may not need disburse funds to the hospital. On the other hand, if the life insurance goes to the estate, the hospital must be paid first if you don't want to end up in court.
depends did she buy a lot? Or all of it?
Nah, I'll pay it for you. Yeah, of course you have to pay your hospital bill. Insurance and health coverage plans can help you out if you need it. You can also negotiate a lower payment or a payment plan.
Only if you are a joint debtor. Surviving family membes are not responsible for the debts of deceased parents, siblings or other relatives. The exception might be if the person signed an agreement with a care facility, hospital, medical clinic, doctor, etc. to be responsible for debt incurred during the deceased person's treatment/confinement.
In Colorado the estate has the responsibility to settle all debts including hospital bills. Once that is done, the remainder can be distributed.
No one is responsible. If the estate has run out of assets, the debtors are out of luck.
The children of a deceased parent are not responsible for the medical bills incurred whether it is a hospital, attending physician, diagnostic facility or others. The only time they could be held responsible is when they have entered into an agreement with medical providers to accept such costs.
The estate of the deceased is responsible for hospital bills whether it's paid by the life insurance, medical insurance or other. Any remaining assets from the estate of the deceased can be given to the beneficiary... after taxes. * Whether or not the property may be subject to probate procedure or to creditor attachment for debt owed depends upon how the property is titled, the state probate succession laws and perhaps the state's homestead exemption.
Yes it is.
private insurance plans that allow beneficiaries to choose any physician or hospital when they need medical care. Most indemnity plans have a deductible.After the deductible has been satisfied, indemnity plans pay a co-insurance percentage.
yes
The Estate is responsible for any debt. So, for example, if they die and have $100,000 in the bank, that pays their debt before any money goes to the children. But the limit of the debt is/are the assets of the deceased. So if they have no money, the debt is NOT passed on to the children. Any money that comes as a result of the death MAY be required to be applied to the debt. The funeral expenses come first, then hospital expenses, then other debt. However, if there is a wrongful death suit, or insurance payout, you should check with a licensed attorney in your state.
In most cases the debts of the deceased are the responsibility of the estate. If they are a minor, yes, they will be held responsible. Anyone that was also a co-signer on any of the agreements might also be responsible. Consult a probate attorney in your jurisdiction for help.