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What else can I help you with?
What if deceased parent's home mortgage is more than the property can be sold for?
The bank will take possession of the property by foreclosure. If the mortgage is in the deceased parent's name it will not affect anyone's credit.
If a parent owes credit card debt are the children responsible after the parent is deceased?
If they are not an account holder they are not responsible for the debt. All debts and assets and wills are handled in accordance with the state probate laws in which the deceased lived and/or owned property.
Would a parent be responsible for credit card debt of their deceased adult child?
Generally no, unless they were a co-signer on the account.
When a parent dies in Louisiana are the children responsible for the debt still owed by the deceased parent credit cards taxes mortgages etc?
The estate is responsible for all debts. Please consult a probate attorney for specifics on how to open an estate.
What credit score is required for a Parent PLUS loan?
The credit score required for a Parent PLUS loan is generally around 650 or higher.
How to remember a Deceased parent in the wedding?
You can remember a deceased parent in the wedding by putting their name in the program. You could also remember the parent when doing the father/daughter or son/mother dance.
What is common procedure in a will if daughter passes before their mother and there is another living daughter Do the children of the deceased daughter get their mother's share?
Yes, unless the will of the deceased daughter specifies otherwise or the will of the parent includes a different mechanism or cuts of those who are pre-deceased.
Can an adult child legally use the credit card of a deceased parent in the state of Georgia?
No, an adult child cannot legally use the credit card of a deceased parent in the state of Georgia without authorization. Unauthorized use of a deceased person's credit card could be considered fraud and may have legal consequences.
In the state of Maryland who pays the credit card debt of a deceased parent?
Generally, the deceased parent's estate is responsible for the debts of the deceased. The creditors should be notified of the death. If there are any assets the estate should be probated.
What if deceased parent's home mortgage is more than the property can be sold for?
The bank will take possession of the property by foreclosure. If the mortgage is in the deceased parent's name it will not affect anyone's credit.
Are adult children responsible for credit card debt of a deceased parent who had no estate and who lived in the state of Pennsylvania?
No.
If a parent owes credit card debt are the children responsible after the parent is deceased?
If they are not an account holder they are not responsible for the debt. All debts and assets and wills are handled in accordance with the state probate laws in which the deceased lived and/or owned property.
Would a parent be responsible for credit card debt of their deceased adult child?
Generally no, unless they were a co-signer on the account.
Can your daughter at age thirteen get her nose pierced in Orlando Florida?
Yes, if you are there, or other parent or guardian
Can your spouse assume your deceased parent's mortgage?
If your spouse has a good credit record that lender should approve. However, you will need to discuss it with the lender.
Is there any liability to tell a child of a deceased parent?
Is there any liability to tell a child of a deceased parent?
If a parent dies with a will stating everything goes to his wife but his daughter with his first wife now deceased was left nothing in the will is she entitled to anything by law?
Not if the will says otherwise.
