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#1
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dad credit cardWhat is the name of your state? arkansas i am a authorized user on my fathers card--he is in the nursing home on medicaid--i am also the trustee on his irrevocable income trust. under the trust all but $40 a month of his income goes to the nursing home--i have used the credit card for purchases for him prior to his entering the nursing home. am i liable for the debt ? |
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#2
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| You are not liable. In the event of a default, the creditor will try to convince you that you are liable but you are not. Any debts of your father will be paid out of his estate. |
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