The debts of the decedent must be paid by the estate. In fact, the debts must be paid before any assets can be distributed to the heirs.
yes due to the fact that they are your parents but sometimes depending if child has life insur. they sometimes do not have to pay.
Generally no, unless they were a co-signer on the account.
Not unless they were listed on the deed of the property that was foreclosed. The estate is responsible for settling the debts.
No, not as long as they didn't co-sign the mortgage. However, if the parents have died and their property is subject to a mortgage the lender will foreclose on the property if the mortgage isn't paid. If the heirs want to keep or sell the property they must keep the mortgage payments current.
No, parents are not allowed to take your money without your permission once you are legally an adult.
They are not directly required to pay any debts. If you are the executor of the estate, yes, if there are assets to pay them with. If the debts exceed the assets, there are some people who will not get paid, including the beneficiaries.
No, the estate is responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed any remainder distributed.
The estate is responsible for the medical debts. The exception would be if the children were the insurance holder or co-signed the medical agreement.
Generally, a parent's estate is responsible, the children are not--even when the children are not broke--, unless the children have committed themselves to pay for the obligation in some other way.
adult children's avoid parents because of the mostly parents interface there lives
No, if they were not joint debtor's with the deceased they are not responsible for any of his or her debts.
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.
Typically they shouldn't be. The debts of the deceased are the responsibility of the estate. 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.
Parents shouldn't be responsible for adult children.
Is there counseling for the parents of drug addicted, adult children that refuse help?
Not unless they co-signed for the debt. The estate is responsible for any remaining debts. If there is not enough in the estate to cover them, someone will not get paid.
In most cases the debts of the deceased are the responsibility of the estate or the trust. 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.