 How long can you wait to notify a insurance company about a potential claim? |
| You know how an insurance tell there clients that they have to report a claim(personal injury/premise liablity) or something. Most insurance policies have a requirement that your notify the insurance ... |
|
 How do I get individual health insurance quotes for North Carolina? |
| I am currently living in New York State and am considering moving to North Carolina. How do I get individual health insurance quotes while still living in NYS? All the websites ask you to provide a ... |
|
 How can i become a model at 16 who gets paid? |
| do you guys know any good websites i can apply for or any trustworthy agencies?what does it TAKE to be a great model? im 5"9 btw and my **** arent so huge either(like a B cup borderline C)... |
|
 Where to get the cheapest car insurance? |
| girlfriend is unable to be covered in my insurance from work, sshes a new driver and is looking for where to get the lowest quote, any ideas?... |
|
 Who's fault is it? |
| Recently, I was in a minor car accident. I was backing out of a parking stall, so was the guy behind me at the same time. We ended up hitting eachother's back bumpers. There was no damage done ... |
|
 How do insurance companies make a profit? |
What are the logistics? Also: If they really make a profit then doesn't that mean that we really don't need them? (If you know what I mean)
Additional Details
It seems that ... |
|
 Multiple choice?????????? |
Sena lives in a state with a no-fault insurance system. Twiggy runs a stop sign and damages Sena's car. Because Sena was not at fault, she can make a full claim on:
(A) their states no-... |
|
 I'm being sued after rearending someone.My insurance will pay for it all. Will this stil impact my credit?how? |
| I am worried about this lawsuit negatively affecting my credit even though it is well within my insurance limits and will be paid. This is my very first accident and I am 42 years old. I have great ... |
|
 I'm a 24 yr old female, and I am looking for health insurance.? |
| I'm single and I don't have any kids, so I just need something to cover the basics like medical and dental and at a somewhat decent price. What do you suggest? Which health insurance ... |
|
 Private health insurance? |
| Im planning on getting heath insurance in a year to afford major orthodontic surgery. On their best benefits package, they say 12 month waiting period and 2,500 liftime limit of orthodontics. Now my ... |
|
 Do these insurance companies exsist or am I gettin setup? |
| Recently I came across a opportunity from a friend of mine where I get paid (very well) to send messages on myspace for these California based Insurance companies. I would get paid based on how may ... |
|
 Can your company see what you use your health insurance for? |
| Can your company see what you use your health insurance for? I want to go to a weight loss physician, but I don't want my company to know that I went to that kind of doctor if I use my insurance.... |
|
 On my Unemployment claim forms, should I list my actual employer, or its parent company? |
| I receive Unemployment benefits, and have to report all earnings on a "claim form". I worked for a company for a few weeks, but the checks had another company printed on them, the parent ... |
|
 How is the loan value of a whole life insurance policy determined? |
The policy may be paid and it is payable on death in the amount of $50,000.
Additional Details
It isn't my policy - I don't have access to the terms.... |
|
|  |
apwillits | Mom died. Am I responsible for her bills? No estate but had insurance $ from my father's death that I now hold |
My mother passed away and had credit card bills. She had no estate (property, etc). She did have some money from an insurance policy when my Father passed away. I have this money in my possession. Am I responsible for the credit card debt? Can the credit card companies come after me? |
 |
 
acermill
 |
You do not say HOW you came into possession of this money from your late mother. If you are merely managing the money asset for her, and it still bears her name on any account, then it is part of her estate. If your mother gifted the money to you, then it is yours and not part of her estate.
Without knowing all the particulars, it is difficult to provide a quality response. I suggest checking with an attorney for further guidance. |
|
bdancer222
|
The money from your father's insurance is part of your mother's estate and should be used to settle her debts before being passed to heirs. |
|
Judy1
 |
The money she had IS her estate. You are responsible for paying her bills out of that amount. |
|
jbatw8
|
the money would be part of her estate and available for her creditors,,,,but,,,,,,,check to make sure the ins. money was not in a trust of come kind,,,,,it might have a "spendthrift" provision and therefore not due the creditors....estate lawyer should answer this for you when he sees the documents |
|
bud68
|
Are you the executor? Best bet is to find an estate lawyer for advice. Technically, her estate is responsible for settling debts, etc. |
|
mbrcatz
 |
Debts are not inheritable, but the money she had from the insurance policy IS part of her estate. If it was not legally transferred to you through probate, it's still her estate's money, and should be used to pay the debts. Then the probate court would distribute any remnants according to her will or state law.
You need to consult an estate attorney regarding this money of hers, that's in your posession. |
|
Andrew S
|
Depends. Frequently life insurance proceeds are protected from creditors; this will depend in large part as to how your parents' estate planning was structured.
In some states, Medicaid departments are trying to recover money or assets that were transferred or given to heirs, to recover nursing home costs paid by Medicaid. Be sure to discuss this with your attorney if Medicaid paid for any part of your mother's nursing home costs (also if there are any outstanding bills for her health care).
Be sure to include your own advisors in on these discussions; money left to you may affect your ex-wife, your children's financial aid for colleges, or for any outstanding bills, liabilities, or judgements that you have!! Also, save all your records and receipts & discuss with your advisors; it may be possible to deduct some funeral costs from tax, legal, or medical bills.
A lot of the outcome here will depend upon the types of planning your folks did pre-mortem; the rest will likely depend upon state regs in your area. Your attorney, accountant, or other advisor will have the best information on the rules in your state. (My sympathies, also - I recently lost a family member myself.) |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
7 | 10 minutes(s) ago
| | | |
7 | 31 minutes(s) ago
| | | |
7 | 36 minutes(s) ago
| | | |
7 | 49 minutes(s) ago
| | | |
6 | 1 hour(s) ago
| | | |
7 | 6 hour(s) ago
| | | |
7 | 11 hour(s) ago
| | | |
7 | 1 day(s) ago
| | | |
7 | 4 day(s) ago
| | | |
7 | 6 day(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
