No. The Will goes into Probate and all monies and properties, etc., are called the Estate. All creditors are paid off and what is left in the Estate is called "residue" which will go to the Heirs.
The estate is responsible for all debts. Please consult a probate attorney for specifics on how to open an estate.
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.
If they are not an account holder they are not responsible for the debt. All debts and assets and wills are handled in accordance with the state probate laws in which the deceased lived and/or owned property.
The ESTATE is responsible.
Not unless you were a part owner or in some way connected with the deceased person's business or personal debts.
The estate of the deceased is responsible for the debt.
The estate is responsible for all debts. Please consult a probate attorney for specifics on how to open an estate.
The estate is responsible for all the debts of the deceased. The children are not required to pay them from their own funds, but it will reduce the amount they inherit.
The estate is responsible for all the debts of the deceased including dental bills. The children are not required to pay them from their own pocket.
No, they are not
If you were not a joint debtor you are not responsible for repayment of deceased parent(s) debts.
In Ohio 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.
In Georgia the estate is responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed and any remainder distributed.
The estate will be responsible, not the children. They will not be able to inherit until they are resolved.
No, the estate is responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed any remainder distributed.
The estate is responsible for all the doctor bills of the deceased. The children are not going to be required to pay them from their own funds, but it will reduce what they inherit.
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.