Debt Responsibility

The estate has the responsibility to settle all debts including funeral costs in Ohio. Once that is done, the remainder can be distributed.

Yes they certainly do have that right. That is the entire purpose of opening an estate, to collect all assets and pay all debts.

No.

No.

No.

No.

The estate has the responsibility to settle all debts not the heirs. Once that is done, the remainder can be distributed.

No. The age of the children is not relevant unless they are adults who entered into a financial agreement with the parents. For example joint holders of a credit card account.

The estate of deceased person(s) is responsible for paying any debts in the manner prescribed by the probate laws of the state where the person lived at the time of their death.

The debts of the estate have to be resolved first. Only then can funds be distributed.

The estate has the responsibility to settle all debts, including utility bills, not the heirs. Once that is done, the remainder can be distributed.

The estate is responsible for medical bills 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 wife may not inherit anything from the spouse if there are not enough assets to cover the debts.

Only the estate is responsible, not the children or the spouse. However, if you signed any of the paperwork, you may have become the guarantor of the debt. And the estate must pay off any debts before they can distribute any funds.

The estate is 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 estate is responsible for the credit card 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, they may not get paid.

In Michigan 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.

The estate has the right to collect. If there is documentation, they may offset the loan against your inheritance.

A will makes no difference other than to indicate if the deceased parent left funds either money or life insurance to pay the cost of their funeral. They are still you're parent, so the adult child should pay, that is the moral stance. However, legally, the children do not have the funds to pay for the funeral, then they can ask the government for help. Most governments usually will provide for the cost of a basic funeral for a deceased, if that deceased left no means from their estate to meet their own funeral costs.

The wife is not directly responsible unless she is on the contract. Florida courts could rule that the spouse benefited from the debts and could be held responsible. The estate has to pay the debts before she can inherit anything.

Yes, if the spouse is living in the home or benefited from the utility use. The assets of the estate have to be used to clear all debts before anything can be distributed. That includes utility bills and credit card debts.

It will depend on whether she was listed in the debt documents. In most cases the estate will be responsible and if there are not enough assets, the debt goes unpaid.

In New Mexico, and every other state, the estate is responsible for the bills. However, most insurance requires the insurance holder, normally the husband, to guarantee the costs. So indirectly, the spouse will pay because they will not inherit the money that went to pay the debt.

The executor will show the plan to the court. It will include all debts and all assets. If the debts are more than the assets, the debts will be cancelled.

Normally the estate has that responsibility. If the children co-signed, they can be held personally responsible.

They are not directly responsible. The estate is responsible to settle all the debts. Until these have been paid, the children are not entitled to receive anything.

As in all states, Missouri requires 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.

That will depend on the relationship. If it is a spouse, there is likely to be a legal responsibility.

The government is responsible to pay all back debts.

Yes, children have priority over the mother of the deceased. They are the descendants it get priorty second only to a surviving spouse. Even without a will the spouse will come first, then children. Parents are next, then siblings.