Debt Responsibility

• The person that was cheated on is of course angry and their heart aches because they once trusted their mate. Once that bond of trust is broken it is extremely difficult to get back, but, if both couples work on it with marriage counseling there is always hope it can work out. No, it is not up to just the husband to have 100% of the responsibility to help the wife cope with the pain of the affair, but both couples must work together. There were problems brewing in the marriage before the cheating began and both spouses need to sit down, discuss it, then seek professional help. There are no brochures that come with marriage and humans make mistakes, but some mistakes can be rectified with professional help. There are many couples where one spouse has cheated (as long as they were not habitual cheaters) that have saved their marriage.

Not if there are no assets at all. A will is simply a document that transfers a persons property to other persons after death. If there are no assets to be transferred, then there is nothing for the will to do.

An heir to an estate is usually the spouse, children, or next of kin. The heir may also be named in a will. If their is none of these options, then the estate will go to the state.

=I talk to my papa and he said Disney Land Bowling and Hot Rods=

Money pulled out of a trust is considered income. All income is taxable under the laws of the US and the states.

In most cases the debts of the deceased are the responsibility of the estate. The estate, or its beneficiary should reimburse any valid debtors including the IRS and state tax boards, 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.

You do not have to accept an inheritance. You can certainly waive your rights to any property bequethed to you. That portion of the estate will then be distributed according to the will as if you did not exist.

Only if he or she is a named joint debtor on the contract or lending agreement.

It means that the estate has not been set up. No one has been appointed as executor to handle the assets and bills.

Plain and simply yes a creditor can collect without a judgment as this is the whole reason that you were granted the credit from them in the first place because you made an agreement between the creditor and yourself that they would lend you so much on the agreement by you that you would pay back a minimum ammount each week or month or whatever you and the creditor agreed upon and so when you fail to pay as per agreement then the creditor has to apply for a judgment against you and depending on which kind of judgment is granted to them they may either be given the right to cease the property back if it is a car or an item and then theyre allowed tosell that in order to get their money back which you have failed to pay or they may be permitted to acquire your property and hold onto it until the debt owed by you is paid in full in which case it then will be returned to you and not before so the answer to your question is yes the creditor may collect your agreed payments but no they cannot cease the goods back without a court judgment being filed against you and granted in their favour.

In general, a person with a duty to support another (such as a spouse) may be liable for the spouse's "necessaries," which could include medical bills. I'm not sure about the specifics of law in Tennessee.

It is a debt against the estate. It cannot be resolved once the estate is closed. The executor must have the courts permission to collect their bill.

i believe it is a promise to pay someone for something/anythings between 2 or more people. To make it binding in some courts the verbal agreement with the intent to repay/replace whatever is being borrowed is good enough, but i would want it in writing if it was something very important to me i was lending. once its in writing its considered a contract. you can write a contract/iou/promise to pay on a cocktail napkin, a piece of a paper bag etc. As long as the signature of the person promising to pay back signs and dates it and a brief discription of the terms of the iou should be included also. U must be able to use the document to prove in court the person showed intent to repay/replace by giving you said document.

It depends on the state. Not all states require an executor to post a bond and bond amounts vary by states. In any case, the bond is meant to serve as protection against fraud or embezzlement by an executor.

Once someone has died, they can longer receive an inheritance.

Yes.

In most cases that will be a responsibility of the estate. The executor is supposed to file taxes for the deceased and the estate.

0.8 is the answer

By law, it is supposed to be included in the estate and disbursed along with funds from the sale of property.

That child's interest would pass to any living parent and if no parent to their siblings.

how can you find out if you have been left something in a will how can you find out if you have been left something in a will

The house would have been left subject to the loan. Either the estate has to pay off the loan or sell the house. Once that is done, then the assets can be distributed. One of the children could obtain a loan and buy the house from the estate.

All creditors must be notified.