Question!!
#11
My nieces attorney, in Illinois, told her that since her mom was on Medicare and died while in the hospital followimng surgery, those bills did not have to be paid. Not the doctor or hospital. It has almost been a year and she has not paid anything or received any bills. That was the first time I had heard anything like that, but it is something to look into if on Medicare.
#13
This is only if there is a spouse....the bills would be paid from the spouse or if the insurance was to go to the estate.
Originally Posted by serenitybygrace
My dad's will states that the bills would be paid first. Do you have a will? Do you have a lawyer? You may have to probate the will. A lot depends on the state you live in.
#14
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Join Date: Feb 2009
Location: Northern Michigan
Posts: 12,861
generally=that is what the insurance money is for-to wrap up any loose ends-and pay off what ever needs to be paid-not leaving the burdon on a loved one-that is why we get life insurance-so our children will not be left with all of our bills...and to take care of final expenses which can be thousands of dollars.
#15
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Join Date: Feb 2007
Location: Illinois
Posts: 2,104
Originally Posted by serenitybygrace
My dad's will states that the bills would be paid first. Do you have a will? Do you have a lawyer? You may have to probate the will. A lot depends on the state you live in.
#17
Are you the only benefiiary of the policy? Unless your name is on the credit cards/debts, you are not personally responsible, only the estate is. If there is not enough money in the estate to pay bills, then the estate is considered insolvent. Don't let anyone tell you differently. Creditors may try and tell that you are so they can get paid. If the parent has a house in his/her name, that is part of the estate.
#18
Whatever your mom owned when she passed is her Estate. You need to find out who the beneficiary of the Life Ins. is. by calling the Life Ins. Company. Did mom take out the life ins. to pay for her funeral & bills owed or was someone else the beneficiary? I agree, that I don't think there will be hospital bills to be paid if she was on Medicare. I had power of attorney for my brother in law & when he passed after brain surgery, I never got a hospital bill.
#19
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Join Date: Apr 2007
Location: North Carolina - But otherwise, NOTW
Posts: 7,940
I think it depends on the state, but the bills are usually paid out of the assets of the person...if there are no assets, then there is nothing to pay the bills from. The life insurance beneficiary owns that money...it doesn't belong to the estate.
#20
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Join Date: Feb 2007
Location: Illinois
Posts: 2,104
Originally Posted by lindasidlow
Are you the only benefiiary of the policy? Unless your name is on the credit cards/debts, you are not personally responsible, only the estate is. If there is not enough money in the estate to pay bills, then the estate is considered insolvent. Don't let anyone tell you differently. Creditors may try and tell that you are so they can get paid. If the parent has a house in his/her name, that is part of the estate.
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Elisabrat
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07-10-2012 07:26 AM