The estate is liquidated, assets sold and as many of the bills paid as possible. If there isn't enough, the creditors don't get paid. It is not the children's responsibility to cover the debt.
The estate is responsible for any remaining debts. That will include medical bills. If there is not enough in the estate to cover them, someone will not get paid.
Yes, it will be the responsibility of the estate. No will is necessary to open an estate. North Carolina law will designate the beneficiaries, if the estate value exceeds the debts.
The estate is responsible for the decedent's credit card debt.
In North Carolina, if there is no will, the deceased's estate would generally be distributed according to intestacy laws, prioritizing spouses and then children. If witnesses claim the deceased left the estate to his brothers, this may need to be proven in court, and the court would consider evidence and applicable laws to determine the rightful heirs. Ultimately, it would depend on the specific facts and circumstances of the case.
There is no law that tells you who you have to leave your estate to. That is entirely up to you. If you do not have a will, the law will protect all of the descendants equally.
In North Carolina the estate is responsible. The spouse indirectly will pay, as they cannot inherit until they are resolved.
North Carolina does not have an Inheritance tax and the Estate Taxesis related to the estate tax collection.There is no inheritance tax and the estate tax is related to federal estate tax collection.For further information, visit the North Carolina Department of Revenue site.
Not unless they signed taking that responsibility on. The estate has to resolve the issue.
deceased
The estate has the responsibility to settle all debts including bills in North Carolina. Once that is done, the remainder can be distributed.
In North Carolina the estate of the deceased is responsible for the debts. Indirectly, the spouse is going to pay the debts, either by a smaller inheritance or as a beneficiary of the goods and services purchased by the spouse.
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