What happens to your parents debt if they have any when they die

There isn't quite enough information to give you an adequate answer. Typically the probate asets only are subject to claims against the estate. If...

My friend's Father passed away in Florida, but my friend lives in Washington State. Will he have to pay Washington anything?

The only asset that would be subject to Washington probate and potentially subject to Washington State inheritance tax (depends on value which...

My father passed away in may and there are just me and my sister as his next of kin there was life insurance who gets it?

Most likely the life insurance policy has named beneficiary(s). Unless they predeceased your father, then they will get the death benefits. If all...

Is it always necessary to have legal representation through the probate process?

There is no legal requirement to have your own attorney, but after the fact it is just too late. If you have any concerns, hire an attorney!!

What is the best process for 3 out of 4 heirs to waive their rights to a estate home?

If you are within 9 months of date of death, the 3 heirs and their children can renounce or disclaim their right to the property. Another way is to...

You're really asking two questions. To find out who is the beneficiary on an IRA you will need to contact the plan administrator. They will most...

What to do if Stepmother will not let my brother and I see our father's will?

I'm surprised that an out of state company (the lessor) would take her word and send subsequent rent checks to her without her producing letters of...

Regarding money left from a deceased parent in a NASDAQ acct with Primerica, is this considered non-exempt personal property

There isn't quite enough information to give you a good answer. I'm assuming you live in North Carolina yet the deceased parent lived in Florida....

How do I fine out who's the power of attorney for someone who lives in Alabama?

In most states a durable financial power of attorney must be recorded in the county in which he resides. I would first look on line for the...

What are "administration expenses" when you process the will? And do you have to sell personal property to pay debts off

If the remaining assets are used tools, TV and other personal items, the general rule is that yes you have to sell them. However, if you can show...

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