Debt Responsibility

You must have written proof of the debt. If you do, you can file a claim against the estate as soon as the estate has been filed in probate.

Yes, you have to pay any debts owed by deceased from estate proceeds.

It depends on the state, but generally as the administrator of the estate, you, the executor, are responsible for paying debts 'with the estate itself'. You are generally not obligated to pay out of your own assets.

If the deceased person is your wife then I think you are responsible for her medical bills

No. Only debts you made together.

When a person has financially reached a point where no matter how much positive cash flow is coming in, it will not or cannot pay down debt, it's called being Bankrupt. If a person cannot pay down their debt, several things can happen.

A delinquent account can be turned over to a collections agency, the negative equity (the value outstanding) can be reported to any credit monitoring companies (lower credit score/inability to obtain future credit/loans), and that person can be sued to collect the outstanding debt forcefully (liens and garnishment).

The child is not responsible for the debts of the parents. The estate has to resolve all of these before they can close it out.

They have a duty to do so. The estate can be reopened to finish off any new business that arises. This is a big issue in some cases.

No and Yes. The estate is responsible for the medical bills of the deceased. And since the spouse is normally the recipient of the estate, the bills will affect how much the spouse will inherit. Some of the assets, such as property held as Tenants in the Entirety, becomes the property of the spouse. Other assets may have to be liquidated to pay the bills, including medical expenses and funeral costs.

Yes, you can be held responsible for it. The spouse is considered to have benefited from the agreement.

After remarrying, you can refer to your deceased spouse as your "late spouse" or "late husband/wife." This designation acknowledges their status as your previous partner while recognizing your current marital relationship. It's a respectful way to refer to them without implying an ongoing marital connection.

No

Technically speaking it is the parents "estate" that is responsible for the debt. In other words if the parent is leaving anything of value behind (cash, cars, house, etc) than the estate is required to pay off all possible debts BEFORE the remaining value can be distributed to children as part of an inheritance.

Whoever is the executor of the estate (usually named in the will) is responsible for paying off all debts, unpaid utilities, loans, mortgages, etc but they use the estates money to do so. This may require selling anything of value (houses, cars, etc) in an effort to get the cash needed to pay these bills.

Whatever is left over after paying these debts can then be given to the benefactors of the will (or in the case of no will, it usually goes to the spouse or split among children)

However, in the event that the total value of the estate can not cover all of the debts, these bills do not need to be paid. But if that happens that also means there is nothing left over for anyone to inherit.

Generally, assets are jointly owned by married couples. You have asked a complicated question that can only be answered by someone who has reviewed the assets in both estates. You should ask the attorney who represented the estates. An executor has no authority until they have been appointed by the probate court and is personally responsible for any losses due to their mishandling of any estate.

Generally, assets are jointly owned by married couples. You have asked a complicated question that can only be answered by someone who has reviewed the assets in both estates. You should ask the attorney who represented the estates. An executor has no authority until they have been appointed by the probate court and is personally responsible for any losses due to their mishandling of any estate.

Generally, assets are jointly owned by married couples. You have asked a complicated question that can only be answered by someone who has reviewed the assets in both estates. You should ask the attorney who represented the estates. An executor has no authority until they have been appointed by the probate court and is personally responsible for any losses due to their mishandling of any estate.

Generally, assets are jointly owned by married couples. You have asked a complicated question that can only be answered by someone who has reviewed the assets in both estates. You should ask the attorney who represented the estates. An executor has no authority until they have been appointed by the probate court and is personally responsible for any losses due to their mishandling of any estate.

When a person does not have credit but has a history of paying their bills on time, they can request a letter of credit from companies such as the telephone company. Typically a minimum of a one year period has to be paid on time in order to request this letter.

Children "succeed" to the rights and obligations of their parents. That means simply that they take on whatever the parents owned and owed. They may renounce the succession. But by doing so the renounce both what the parents owned as well as what they owned.

Bottom line: You want mama and daddy's house and bank account? You gotta take mama and daddy's debts along with it.

If the creditor agrees, yes.

As in all states, Idaho require the estate to be responsible for all the debts of the deceased. That means before the estate can be settled, all debts have to be cleared. If there is not enough in the estate to cover them, there are some people who will not get paid.

The spouse is not directly responsible, unless they have co-signed for the services. The estate is responsible for settling all medical bills in Iowa. So before the spouse can inherit anything, the estate has to pay the bills.

The deed is filed in the county courthouse. There will be a lien filed against it if there is a loan.

Indirectly, the spouse will be paying the debts. The estate has the responsibility to settle all debts, including medical bills, not the husband. Once that is done, then remainder can be distributed to the husband.

Any property solely owned by the decedent at the time of their death.

Any property solely owned by the decedent at the time of their death.

Any property solely owned by the decedent at the time of their death.

Any property solely owned by the decedent at the time of their death.

His estate will be responsible. Indirectly, the wife will either have to pay it or get a smaller inheritance.

The son is not personally responsible for the medical bills, unless they co-signed them. However, the estate is responsible. The son may not inherit anything.

they will take care of there needs

As long as the estate as open. Typically the estate will be closed long before they have hit the statute of limitations on debt.

In Montana the estate will be responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed and any remainder distributed.