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Who is responsible for the medical bills if the decedent left a will?
If there is a will the will should name an executor and the estate must be probated. While the "estate" is liable for the bills, it is the executor who is authorized to settle them out and pay them once they have been appointed by the probate court. The debts must be paid before any property can be distributed to the heirs.
Pertaining to a will what does pro bated mean?
Before the estate comprising a will can be passed on as set out in the will (by the executor) the exact size of the estate has to be recorded, all bills settled and all taxes due on the estate have to be payed (income tax and inheritance tax). The will (and proof that this has been done) has then to be presented to a probate court (which will keep the original will as a public record) which grants probate on the will. The probate is a document from the court formally authorizing the executor to sell property, transfer assets etc as set out in the will. The probate document is sent, along with the executors instructions to the organizations holding the assets. Without the probate document the organizations can not legally act on the executors instructions.
When there is no executor of estate how do bills get paid from the decedent's account?
The bills can't be paid. You need to file a petition in the probate court to be appointed the estate representative. The appointed estate representative will have the authority to access the decedent's account and pay any bills that are owed.
Is a executor liable for any bills?
The executor is not personally liable. They are required to use the estate funds to resolve bills.
When an estate is going through probate how does the executor decide what property must be sold to pay off bills?
That is up to the executor to decide. They can use any method they wish to do so, as long as the court approves. In most cases they want to sell as few things as possible.
In Texas if your husband dies and has a car in his name only are you liable for the bill?
The estate is generally liable for all bills and expenses (not you). Hire a probate attorney to help sort this out. The estate will need an executor.
Executor of an estate but there are outstanding medical what can you do?
In most cases the debts of the deceased, including hospital bills, are the responsibility of the estate. The estate, or its beneficiary should reimburse any valid debtors before giving any of the assets away. If there is not enough to cover the bills, they should present a plan to the court as to how they will distribute what is available. Consult a probate attorney in your jurisdiction for help.
What are duties of an executor in wv?
Briefly, the duties of an executor are as follows:Submit the will to the probate courtCollect the decedent's assetsPay the decedent's and estate's bills and debts, including funeral expensesPay taxes, including estate taxes and outstanding income or property taxesManage the assets of the estatePay any invoices associated with administering the estate, such as bills from appraisers, accountants and brokersDistribute the estate's assets according to the will
Does the executor of a will have to pay back any loans of the deceased?
Not personally! In most cases the debts of the deceased, including hospital bills, are the responsibility of the estate. The estate, or its beneficiary should reimburse any valid debtors before giving any of the assets away. Consult a probate attorney in your jurisdiction for help.
Is the executor of a will responsible for any unpaid bills that the estate cannot pay?
The estate is responsible for the debts of the decedent. However, the court-appointed executor is responsible for paying the debts according to the schedule set forth in the state probate laws.If the executor has performed their duties according to the law and there are not enough assets to pay the debts then the estate is deemed to be insolvent and the creditors are out of luck.
In Ohio who is responsible for a dead spouses medical bills?
In most countries (I expect the state of Ohio would be the same) the debts of a deceased person are normally payed from that person's estate and would be settled by the executor of the estate as part of obtaining probate for the estate. If you are worried (and the estate has an executor) speak to the executor, otherwise seek advice from an attorney if the hospital is coming after you for the money.
Does an executor have to pay old medical bills in TX?
The executor's job is to settle the estate. That includes resolving all of the estate's bills, from the estate, not their own pocket.
