My brother in law past away almost a month ago. He had about $40,000 from a settlement. He was in the hospital about 5 months ago and the bill is about $33,000. He put my mother in law as his benificiary so is she responsible for this hospital bill? I know she wants to keep the money, but wont the hospital come looking to her to pay this bill, or would they even know that he had this money??
2006-09-21 08:31:28 · 11 answers · asked by someoneoutthere 5 in Business & Finance ➔ Other - Business & Finance
I thought I would add that he was only 20 with no house or anything. He had a living will with his mother as the benificiary and im sure she will take it on. She is just the type of person that will try and get out of paying anything if she doesn't have to. I personally think it was his money, he was in the hospital due to a self inflicted wound and his money should pay for it.
I just wondered what would happen and how they would find out he even had this money.
2006-09-21 08:45:28 · update #1
And sorry for a stupid question but what does "his estate" mean? Just anything that he had money, possesions, etc??
He didn't have much, just the money a car and a 4 wheeler.
2006-09-21 08:47:07 · update #2
Nothing like trying to outrun obligations. Its not worth the hassle, if the debt can be terminated and with something left over for mom, I can't see how she should be greedy for more. Thats a nice egg for a 20 year old in the first place. Pay the damn bill and forget about it. Forty thousand isn't going to change a persons life anyway. It's blood money.
2006-09-21 08:56:50 · answer #1 · answered by mranswerguy 2 · 1⤊ 0⤋
The people who inherit have to take the whole inheritance if they accept it, this includes not just the money they inherit but also all debt.
How it works in detail however also depends on your State.
Also there are exact rules about the line of order for who inherits...depending whether there is a will or not.
Actually I had rejected an inheritance once because the debt was unpredictable and high which was connected with the benefits and so I did not want any of it. Then the next in line 9of relationship) was asked. It went on until someone decided to accept the whole package.
2006-09-21 08:35:48 · answer #2 · answered by spaceskating_girl 3 · 2⤊ 0⤋
The hospital may file suit against your brother in-laws estate to get the money.
They can even put a lien on his home. And if the money from the settlement has not already been distributed, they will go after that too.
But I they can't go after your mother in-law unless she signed documents accepting responsibility for his bills.
2006-09-21 08:34:48 · answer #3 · answered by tina m 6 · 4⤊ 0⤋
It depends on who is on the accounts he owes on. If the debt is shared with others (like a wife) she is still responsible.
If the debt is his alone, then his estate is responsible for it. That means the money comes out of his assets (i.e. the sales of his car etc.) during probate or disposition of a will. If he has no assets, then I believe the creditor is out of luck.
2006-09-21 08:40:25 · answer #4 · answered by Thomas C 3 · 1⤊ 0⤋
family are no longer to blame for the deceased's expenses. The executor of the deceased's assets is to blame for doing away with the valuables and for paying expenses left at the back of with the aid of the deceased from the proceeds of the valuables if any. Your POA ended while your grandmother handed. if your grandmother had no money or assets left, the money that she owed might must be written off with the aid of her lenders. in simple terms deliver them a short word stating that your grandmother died with out leaving an assets with a duplicate of her loss of existence certificates.
2016-10-15 06:39:02 · answer #5 · answered by Anonymous · 0⤊ 0⤋
The beneficiary is responsible in sensible terms, but who was his "next of kin" for bills, etc. The beneficiary is expected to take care of it, but if their name isnt on it, they wont come after them. For instance, when you fill out admission papers at the hospital "next of kin", "contact", "responsible party", etc Thats the one they'll look for. If he chose a bene who is going to keep it for themselves and not pay off his bills, he made the wrong choice.
2006-09-21 08:37:31 · answer #6 · answered by lorihurley03 3 · 2⤊ 0⤋
His estate is responsible. The executor of the state will have to settle up. No hiding of the $40K, sorry.
2006-09-21 08:37:09 · answer #7 · answered by Anonymous · 1⤊ 0⤋
The bills will be taken care of thru his estate.
2006-09-21 08:39:26 · answer #8 · answered by Anonymous · 0⤊ 1⤋
Whoever his beneficairy is is responsible. And yes, If your mom dosen't pay the bills someone will come looking for her.
2006-09-21 08:33:19 · answer #9 · answered by Anonymous · 2⤊ 1⤋
A lot of the time the bak can help u out.
2006-09-21 08:32:47 · answer #10 · answered by Robert 3 · 0⤊ 1⤋