Debt Responsibility

The laws presume that the spouse inherits at least half, if not all, of the other spouse's assets. But the estate has to liquidate all debts before they can transfer any assets to the spouse. 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.

Only if she is the executor of the estate. The executor is responsible for all estate debts.

The executor of the estate is responsible for fulfillinlg the requirements of their position. They are not required to do all the work themselves. If it is reasonable to hire someone else to do the work, it is acceptable.

Using a dead person's credit card is a criminal offense.

The estate has the responsibility to pay off the funeral costs and debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.

Credit cards are the responsibility of 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.

YES, if you die, then the next of kin is responsible for your debt.

In most cases the debts of the deceased, including unsecured debts, 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.

A Power of Attorney is extinguished when the principal dies. The estate of the debtor is responsible for paying their tax arrearages.

When a person dies without a will in the United States their property passes by state laws of intestacy. You can check your state at the link below.

Yes. Cash is a probate asset.

Typically, in Alberta anyway, whether married or common-law, unless both persons' names are on the debt - i.e. joint mortgage, joint line of credit, joint credit card, etc. - the other party is NOT responsible for all or even half of the debt.

In Michigan they are not personally responsible for the debt. 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.

The heirarchy of debt payment by an estate varies from state to state. You should check the law in your particular state because that schedule must be followed by the administrator or executor. An EXAMPLE of the priority of payment is as follows: expenses of the administration; funeral and medical expenses; an allowance for the decedent's family's immediate needs; government claims, such as for taxes; secured debts, such as a mortgage; any unpaid court judgments against the decedent; and finally, the remaining debts of the decedent.

The assets of the decedent are subject to the debts of the estate. The debts must be paid before distribution to any beneficiary. The hospital shold be notified that the decedent owned vehicles in case it wants to take possession and sell them to satisfy the hospital bill.

The bank account should pass to the named beneficiary.

The estate pays for the funeral. It is typically one of the first clauses in the will. If someone signed for the funeral costs, they can be held liable if the estate fails to cover the costs.

It is normally required to prove identity. Many documents require a notary's signature. The notary is required to validate the identity of those signing.

Did you inherit the car? If so, yes. If you did not inherit the car, then no.

The estate would be opened up in the normal way by application to the probate court. They will appoint an executor and issue of Letter of Authorization. That allows the executor to access the accounts.

Before the father dies, no. After the father's death, not automatically, but usually provided as part of the procedure obtaining their consent to probate of the will.

A devise to slow or stop a moving object.

Yes, and you record a copy of the death certificate where the deed is recorded, cross-referenced to the deed book and page.

A dead person in any state is not liable for debt. The deceased's estate is responsible for the debts to the extent there are assets in the estate to pay them.