This question is one that’s asked on a regular basis. What’s important to understand is that the answer is the same regardless of your involvement or relationship with your parents – caregiver, advocate or even estranged, the broad answer is, debt “including medical bills” does NOT pass down to the survivors of the deceased. All debt including … [Read more...] about Who’s Responsible For My Parent’s Medical Bills After They Die?
Debt After Death
Who is responsible for my parent’s credit card debt, mortgage and other outstanding financial obligations when my parent’s die? Many of us boomers are finding ourselves functioning in a role as a caretaker or advocate for our aging parents. Being their next of kin does bring on certain moral / ethical obligations, however when it comes to the … [Read more...] about Debt after death?
Estate Planning Attorney vs. Eldercare Attorney If you want to keep your money, the wrong choice could cost you thousands of dollars. Know the difference! Learn how to select an eldercare attorney. Yes, today we now have Eldercare Attorneys, which are not to be confused with Estate Planning Attorneys. Just like in the medical profession, … [Read more...] about How to Select an Eldercare Attorney