Debt Responsibility

The deceased's estate is going to be responsible. The spouse can be held as a beneficiary of the costs and by inheriting less from the estate.

In Nebraska, the deceased's estate is responsible. The spouse can be held as a beneficiary of the costs and by inheriting less from the estate.

No. You never agreed to pay the debt, therefore cannot be held responsible.

The laws of intestacy will apply. An estate can be opened and the distribution will be done according to the law. The estate will settle the debts, pay the appropriate taxes and distribute the remainder.

Your mother's estate must be probated. Title to her property cannot pass to her heirs legally until her estate is probated. You should consult with an attorney who specializes in probate who can assist you in filing for an Administration. Her property will pass according to the laws of intestacy in your state. You can check the laws for your state at the related question link provided below.

You close out the estate with the court. It requires a final accounting and a complete plan of the distribution. If the court approves, the estate is closed.

"In sickness and in health, for richer or poorer"

Legally a husband and wife share all assets and liabilities unless they sign a legal agreement otherwise (such as a Prenup)

That is a great questions and it relies on a couple key points of information.

A spouse is only responsible for tax debt if they:

A. filed a joint return during the year the tax event (or debt) occurred

B. The spouse filed separately, but shares a bank account with an individual who has a tax lien or levy filed against them as the IRS may seize the bank account (and in doing so seize the spouses money as well).

The good news is there are ways to detach a spouse from the liability via an Innocent spouse claim.

Additionally, there are many ways to resolve back tax debt via IRS resolution programs aimed at assisting tax payers to resolve back tax liabilities. These include IRS settlements, income based repayment plans, and/or non collectible statuses where the tax payer's expenses exceed their income and show they have an inability to afford the tax debt. We always recommend consulting with an experienced tax practitioner who deals specifically with back tax debt and IRS & State tax resolutions.

Only if they guaranteed the bills or debts. The estate needs to be set up to handle the debts. If there are no assets in the estate, it can close the debts.

It depends on the age of the child. If they are minors, they shouldn't have debt, as they are unable to contract. If they are over 18, the debts are not the parent's responsibility unless the parents co-signed. The estate should be set up to resolve the debts.

In Ohio, as in most places, the debts of the deceased, including hospital bills, are the responsibility of the estate. The estate, or its beneficiary should reimburse any valid debtors before giving any of the assets away. If the estate has been closed, there should be no further claims. Consult a probate attorney in your jurisdiction for help.

Generally no. The estate is responsible for paying the sole debts of the decedent. If on the other hand the debts are owed jointly with the person who was appointed the executor then that person is still responsible for paying them.

The estate is responsible for any outstanding credit card bills. But the assumption is that the wife inherits the husband's assets. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.

The estate is responsible of course. No they are not personally responsible for the debt. One of the primary reasons to open an estate is to resolve such debts. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.

In Ohio 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.

The estate is probably responsible, however, the insurance may require the insured to pay. Indirectly, the spouse's inheritance will be reduced by the amount of the bills.

Refer them to the estate of the deceased. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.

Generally, their award will become part of their estate.

No, you dont unless he left the house to someone else. then you pay someone who works for the bank to back date the removal of his name from your new morgage. Good luck

A married couple is seen as a economic unit, so to speak. So the widow is responsible for the debt.

The insurance proceeds would be part of their estate and would pass according to their will or by intestacy to their next-of-kin.

Yes, the sister's estate is responsible for paying the debts, including the medical bills of the deceased. If a relative has co-signed any paperwork regarding medical procedures, they may be held liable. If they hope to inherit a house, they may have to pay the bills to avoid the house being sold to pay the debts.

While the estate has primary responsibility in Louisiana, in most cases they will be held responsible. They are deemed to have benefited from to goods and services.

Most likely, nothing, as long as the payments continue on time. If the payments stop, the lender with foreclose on the property and the borrower's estate will be impacted. The payments are still due beyond the death of the borrower - they become the responsibility of the borrower's estate.

An equally important question is who is now the legal owner of the real estate. If the decedent didn't transfer the property to a survivorship tenancy with another, their estate must be probated in order for title to pass to the heirs at law or under the terms of the will. An estate of real property must be probated in order for title to the property to pass to the heirs legally.

You have the ability to turn down an inheritance. It is usually done to avoid tax consequences. In this case, it can help avoid issues and let the estate resolve the imbalance.