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After estate has no funds left what does the probate attorney do with rest of bills?
The debtors have to write off the money. If the assets of the estate do not cover the bills, there is little they can do, unless there is a co-signer to the obligation. It is not uncommon for the estate to be unable to cover all of the debts, particularly if there were major medical bills.
All cases are different and it is best to contact a probate or estate planning attorney to ensure protection of your assets.
What else can I help you with?
Does the personal representative have to pay attorney fees if there are no funds in the estate?
Generally, that depends on what the person signed when they hired the attorney. An attorney doesn't usually take on a probate in which there are no assets so there must have been assets in the beginning. If the assets are gone as the result of some action on the part of the executor then he/she may be liable for the costs of the probate. The debts of any estate must be paid before any property can be distributed. That includes the attorney's fees.
In Oregon if the estate does not have enough money to pay the attorney's fees is the Estate Representative personally responsible for payment?
Generally, the estate is responsible for paying the debts of the estate and the costs of probate. However, it depends on what you signed when you hired the attorney. You need to review copies of those documents. If the executor mishandled the estate funds they may be personally liable for any resulting debts.
Is surviving spouse responsible medical bills in Michigan?
The estate is responsible for all the bills of the deceased. The spouse will be required to pay them from the estate funds.
How do you pay bills for deceased person?
To pay bills for a deceased person, you should first notify the relevant financial institutions and service providers of the death, as they may require a death certificate. You can then use funds from the deceased's estate, if available, to settle outstanding bills. If the estate is in probate, the executor or personal representative is responsible for managing these payments. It's also important to check for any joint accounts or authorized users who may have access to funds for settling debts.
The administrator made you put your own beneficiary funds into the estate account advising it was required. Can you sue her for fraud or petition the court to remove her?
You haven't explained what the "beneficiary funds" consisted of or where you got them. If the funds came from a joint account with you and the decedent or from a "payable on death" account with you as the beneficiary the funds are not part of the probate estate. You should visit the court where the probate was filed immediately if you think you are a victim of fraud by the administrator. You can file a motion to have your question answered after a review by the court. If the administrator is mishandling the estate she can be removed and replaced by the court.You haven't explained what the "beneficiary funds" consisted of or where you got them. If the funds came from a joint account with you and the decedent or from a "payable on death" account with you as the beneficiary the funds are not part of the probate estate. You should visit the court where the probate was filed immediately if you think you are a victim of fraud by the administrator. You can file a motion to have your question answered after a review by the court. If the administrator is mishandling the estate she can be removed and replaced by the court.You haven't explained what the "beneficiary funds" consisted of or where you got them. If the funds came from a joint account with you and the decedent or from a "payable on death" account with you as the beneficiary the funds are not part of the probate estate. You should visit the court where the probate was filed immediately if you think you are a victim of fraud by the administrator. You can file a motion to have your question answered after a review by the court. If the administrator is mishandling the estate she can be removed and replaced by the court.You haven't explained what the "beneficiary funds" consisted of or where you got them. If the funds came from a joint account with you and the decedent or from a "payable on death" account with you as the beneficiary the funds are not part of the probate estate. You should visit the court where the probate was filed immediately if you think you are a victim of fraud by the administrator. You can file a motion to have your question answered after a review by the court. If the administrator is mishandling the estate she can be removed and replaced by the court.
Do you have to pa utility bills of a deceased person in Ohio?
In Ohio, the responsibility for paying utility bills of a deceased person typically falls to their estate. If there are sufficient funds in the estate, the bills should be paid from those assets. If the estate is insolvent, family members are generally not legally obligated to pay the deceased's bills. However, it's advisable to check with the utility company and consult with an attorney for specific guidance based on the situation.
How do you collect money from an estate when someone is deceased?
To collect money from an estate after someone has passed away, you typically need to go through the probate process. This involves filing the deceased's will with the probate court and having the court appoint an executor or administrator to manage the estate. Once appointed, the executor can collect the estate's assets, pay off debts and taxes, and distribute the remaining funds to beneficiaries as per the will or state law. It's advisable to consult with an attorney for guidance on navigating the probate process and ensuring compliance with legal requirements.
My father is dying in a nursing home. He is on medicaid. The deed to the home is in his name. Me and my spouse and son live in his home. Will we be evicted after he dies?
His estate must be probated after his death in order for title to the real estate to pass to his heirs legally. The state may place a lien against the property at that time for any funds it provided for his care. You may be able to pay the lien and inherit the property. You should consult with a probate attorney who can review your situation and explain your rights and options.His estate must be probated after his death in order for title to the real estate to pass to his heirs legally. The state may place a lien against the property at that time for any funds it provided for his care. You may be able to pay the lien and inherit the property. You should consult with a probate attorney who can review your situation and explain your rights and options.His estate must be probated after his death in order for title to the real estate to pass to his heirs legally. The state may place a lien against the property at that time for any funds it provided for his care. You may be able to pay the lien and inherit the property. You should consult with a probate attorney who can review your situation and explain your rights and options.His estate must be probated after his death in order for title to the real estate to pass to his heirs legally. The state may place a lien against the property at that time for any funds it provided for his care. You may be able to pay the lien and inherit the property. You should consult with a probate attorney who can review your situation and explain your rights and options.
Is a executor liable for any bills?
The executor is not personally liable. They are required to use the estate funds to resolve bills.
Does an inherited IRA have to be probated?
An inherited IRA typically does not have to go through probate because it is considered a non-probate asset. The account passes directly to the designated beneficiary upon the account owner's death, allowing for easier and faster access to the funds. However, if there is no designated beneficiary, the IRA may need to go through probate as part of the deceased's estate. It's important to consult with an estate attorney for specific circumstances and state laws.
Is a bank supposed to refused to pay accumulated salaries in a deceased person's bank account to applicants?
Banks do not handle salaries or applicants in regards to an estate. They do not disburse funds after the account owner has died. You should contact the executor and the attorney who is handling the estate.Banks do not handle salaries or applicants in regards to an estate. They do not disburse funds after the account owner has died. You should contact the executor and the attorney who is handling the estate.Banks do not handle salaries or applicants in regards to an estate. They do not disburse funds after the account owner has died. You should contact the executor and the attorney who is handling the estate.Banks do not handle salaries or applicants in regards to an estate. They do not disburse funds after the account owner has died. You should contact the executor and the attorney who is handling the estate.
Can mutual funds pass free of probate?
Yes, mutual funds can pass outside of probate if they are held in an account with designated beneficiaries. When the account holder dies, the funds can be directly transferred to the named beneficiaries without going through the probate process. However, if no beneficiaries are designated, the mutual fund shares may become part of the probate estate. It's important to ensure proper beneficiary designations are in place to avoid probate complications.
