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Is a personal representative liable for the decedent's debts when there is no estate?
The personal representative is not responsible for the debts. The estate pays the debts.
Who is responsible for expenses while a home is in probate?
The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.
Do I as personal representative have to pay medical bills that I do not have money for?
The estate is responsible for the debts of the decedent. However, you should seek the advice of an attorney if there is money but not enough money to pay all the debts. There is a legal scheme by which debts must be paid.
You signed as your mother's legal representative are you responsible for her medical bills?
You would be responsible only if you signed a written agreement with the care facility and/or physicians to pay her medical debts. Being a legal representative (POA) does not obligate that person to take personal responsibility to pay the grantor's (named person's)debts outside of the ability of the grantor (named person) to pay debts using his or her income/financial resources.
Who is responsible for a loan if both the borrower and guarantor have died?
The estates are responsible for the debts of the decedents.The estates are responsible for the debts of the decedents.The estates are responsible for the debts of the decedents.The estates are responsible for the debts of the decedents.
What statement about corporations is not true?
their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts kking kkilla Their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts
Your sister committed suicide and made you executor she has debts are you responsible?
No. You are not personally responsible for your sister's debts. The estate is responsible for the debts of the decedent.
If a general partnership fail who is responsible for the debts?
All of the partners are responsible for the debts.
My brother dies in Texas and has no assets am I responsible for his credit cards and other personal debts?
Your brother's estate is responsible for payment of his debts. If there is no estate then his creditors are out of luck. You could send any bills back along with a copy of his death certificate.
Who is responsible to pay back debts?
The government is responsible to pay all back debts.
Who is responsible for your mother's debts if she dies without a will in Texas?
The estate is responsible for the decedent's debts.
Who is responsible to pay back all debts?
The government is responsible to pay all back debts.
