No. The credit card companies will try to get you to pay off your parents bills but you don't have it. It is all volunteer. I was glad to learn this since my mother is 81.
No. They are adults so they are responsible.
Parents shouldn't be responsible for adult children.
In Illinois, adult children are generally not responsible for their deceased parents' credit card bills unless they were joint account holders or co-signers on the accounts. The deceased's estate is responsible for settling any debts, including credit card bills, before any assets are distributed to heirs. If the estate lacks sufficient funds, the debts may go unpaid, and creditors typically cannot pursue the adult children for those debts. It’s advisable for adult children to consult with a probate attorney for guidance specific to their situation.
No. The credit card companies will try to get you to pay off your parent's bills but you don't have it. It is all volunteer. I was glad to learn this since my mother is 81.
yes definitely!
Probably not. They might be in some circumstances, such as if the adult children were developmentally disabled, but where the adult children live is not really a factor.
you are not responsible for your parents debts.
No.
No, the estate is responsible for all debts, including those of the burial. However, if the children sign the contracts for the funeral arrangements, they may be responsible.
Parents are not responsible for their children once they have left home. In most cases requirements end at 18, but some places will require them to take care of their children until 21.
No, if the adult children are not joint debtors they are not responsible for their parents debts. If they are joint debtors the parents' debts could be discharged in BK leaving the adult children who were not a part of the BK procedure open to the recovery of the debt(s) by creditors.
No, the parents are no longer responsible for adult children. In most places 19 is an adult. A few have the age set at 21. Most feel some responsibility, but there is no legal obligation. The laws considers them an adult and will treat them as such.