Debt Responsibility

If he/she has Life Insurance is maybe a possibility for them to pay for the cost. But most likely its removed since the person is deceased.

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The method in which a deceased person's assets and debts are handled depends upon whether there was a Will and/or the laws of the state in which the person resided at the time of his or her death.

The best option for the surviving spouse in such cases is to seek advice from an attorney qualified in such matters. The majority of attorneys offer free or minimal charge consultations to explore options.

The spouse will indirectly be responsible. The estate must resolve all debts. Until that is done, the spouse cannot inherit anything.

It is certainly possible to do so. However, it does not make sense to incur a liability if there is no income to pay the loan. If they did it as a temporary measure until the house is sold, it might make sense to avoid higher interest charges.

Yes, they have to resolve all debts. Any distribution prior to that may require pulling the items back into the estate.

In Ohio, the spouse will indirectly be responsible. The estate must resolve all debts. Until that is done, the spouse cannot inherit anything.

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

Yes the debt is paid out of the estate. If the spouse was a partner in the debt, they can be responsible. If they had a card in their own name, they may have to pay. Consult a probate attorney in Illinois.

In Ohio, the estate must resolve all debts including Medical Bills. Insurance policy will affect what is required. Until that is done, the spouse cannot inherit anything.

If you have a will your property will pass according to the provisions in your will. If you die intestate (without a will) your property will pass according to the state laws of intestacy. See link below.

It is not likely to be allowed. The mortgage was an agreement between the parents and the bank. The bank may consider redoing the load with the new owners on it, but they don't have to.

The children are not directly responsible. If you are the executor of the estate, yes, insomuch as there are assets to pay them with. If the debts exceed the assets, there are some people who will not get paid, including the beneficiaries.

No, they are not responsible unless they guaranteed the debt. One of the primary reasons someone should 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 community property states a married couple are considered to own all property equally and be responsible for all debts equally that are accrued during the marriage regardless of which spouse is named as the debtor.

This however, is not a "done deal" as the surviving spouse may have some recourse after the deceased spouse's estate (if any) has been probated. His or her estate would consist of property and/or assets acquired before the marriage and other such matters as deemed applicable by the probate court.

In Arkansas the estate will be responsible. The spouse indirectly will pay, as they cannot inherit until they are resolved.

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

Siblings are not typically responsible for debts unless they signed for them. The estate has to settle the debts.

In most cases the will, if there is one, designates that the funeral be paid out of the estate. Yes, it would be a part of the estate. One of the primary reasons someone should 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.

They are typically going to be held responsible. The debt is used to buy goods and services. The spouse is considered to have benefited from these debts.

Once they have been appointed by the court the executor must pay the debts of the decedent before any assets can be distributed. Generally, if the mortgage isn't paid the lender will take possession of the property. If you want to keep the property you must arrange to pay off or refinance the mortgage.

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In Mississippi, the estate must resolve all debts including medical bills. Until that is done, the spouse cannot inherit anything.

That would be a grand jury. The prosecutor presents the evidence and they will authorize the case.

Yes, they can certainly bring suit. You benefited by their payments. They are entitled to get their money back.