Yes, you can. Please bear in mind that there may be fiduciary issues in this, depending on what you intend. Especially if this concerns a potential inheritance and siblings.
Consulting with a local attorney would be an outstanding idea.
Generally, if the parent left any property, that property must be used to pay the decedent's debts before any property cab be distributed to the heirs. If the parent left no property the creditors are out of luck unless the children had agreed to pay the debts prior to the parent's death.
If you don't pay your disability attorney, they may withdraw from representing you, and you may be responsible for any outstanding fees or expenses incurred during their representation. This could also result in delays or complications in your disability case.
There is no limit on the amount of money a parent can give to their child as a gift. However, for larger amounts, it's advisable to consult with a tax professional to understand any potential tax implications or regulations that may apply.
No, not necessarily. It is not the same as a husband and wife being 'joint' on an account. The holder of the debt would have to prove that you (the adult child) benefitted in some way from whatever it was that was purchased with the parent's check -or- that you were a co-signer to some contract or sales agreement for which the parent was paying. If any money is allegedly due and owing to a claimant, they will have to file a lien against your parent's estate and prove to the court that it is a legitimate debt.
Which Attorney General? Of your state? The U.S.?
Yes, someone else can withdraw money on your behalf if you give them permission or if they are authorized to do so, such as through a power of attorney or joint account ownership.
A person who is a bonafide customer in the bank can withdraw the money from his/her account within his/her clear balance available in the account.
No, someone cannot withdraw money from your account with just the account number. Additional information such as a PIN or password is typically required to access and withdraw funds from an account.
Yes, PayPal can withdraw money from your linked bank account if you have authorized them to do so.
Yes, if your wife is listed as a joint account holder, she can withdraw money from the joint account without needing your permission.
The opposite of "deposit" is "withdraw." Deposit involves putting money into an account or storage, whereas withdraw involves taking money out of an account or storage.
The secret to saving money is to put more in the account than you withdraw from the account.
No, an employer cannot legally withdraw money from your bank account without your permission.
No, it is not legal to withdraw money from your child's bank account without their permission or legal authority to do so.
Go to the credit union and tell them that you want to withdraw money.
You can withdraw money from your checking account by visiting an ATM, going to a bank branch, using online banking, or writing a check.
Both signers on the account can withdraw money