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05-11-2006, 08:46 PM
| | Junior Member | | Join Date: Apr 2005 Location: CA
Posts: 5
| | | Disown Parents
What is the name of your state? CA
My age: 29
My siblings: 22 and 16
How do I ensure that I and my other two, younger siblings dont get stuck with our parents debt when they die?
I am looking for a law and or a form to file saying that I legally am not attached to them at all.
Thanks.What is the name of your state? |
05-11-2006, 08:49 PM
| | Senior Member | | Join Date: Jul 2005 Location: Massachusetts
Posts: 14,071
| | Quote: |
Originally Posted by robertgile What is the name of your state? CA
My age: 29
My siblings: 22 and 16
How do I ensure that I and my other two, younger siblings dont get stuck with our parents debt when they die?
I am looking for a law and or a form to file saying that I legally am not attached to them at all.
Thanks.What is the name of your state? | Your parents estate pay their debt...not the children. Why would you think you would get "stuck" with their debt? |
05-11-2006, 08:51 PM
| | Junior Member | | Join Date: Apr 2005 Location: CA
Posts: 5
| | | Because they dont own a home and have no real assets. |
05-11-2006, 08:52 PM
| | | Quote: |
Originally Posted by robertgile What is the name of your state? CA
My age: 29
My siblings: 22 and 16
How do I ensure that I and my other two, younger siblings dont get stuck with our parents debt when they die?
I am looking for a law and or a form to file saying that I legally am not attached to them at all.
Thanks.What is the name of your state? | Just have to add:
I bet you and your siblings make your parent's proud. |
05-11-2006, 08:53 PM
| | Junior Member | | Join Date: Apr 2005 Location: CA
Posts: 5
| | Quote: |
Originally Posted by shellandty Just have to add:
I bet you and your siblings make your parent's proud. | Na, we all hate them. |
05-11-2006, 08:55 PM
| | Senior Member | | Join Date: Jul 2005 Location: Massachusetts
Posts: 14,071
| | Quote: |
Originally Posted by robertgile Because they dont own a home and have no real assets. |
I still don't understand why you would think their debt would become your debt if they pass on...
None the less...You and your siblings are not responsible for their bills ...ever! So now you don't need to "disown" them...  |
05-11-2006, 08:57 PM
| | | Quote: |
Originally Posted by robertgile Na, we all hate them. |
Nice!!!
At least your honest! 
To bad though!  |
05-11-2006, 08:59 PM
| | | Quote: |
Originally Posted by baystategirl I still don't understand why you would think their debt would become your debt if they pass on...
None the less...You and your siblings are not responsible for their bills ...ever! So now you don't need to "disown" them... | Maybe they want to be able to claim the estate and divide the assets, BUT, DO NOT WANT TO BE RESPONSIBLE for the OUTSTANDING DEBT.  |
05-11-2006, 09:01 PM
| | Senior Member | | Join Date: Jul 2005 Location: Massachusetts
Posts: 14,071
| | Quote: |
Originally Posted by shellandty Maybe they want to be able to claim the estate and divide the assets, BUT, DO NOT WANT TO BE RESPONSIBLE for the OUTSTANDING DEBT. |
There is no estate...Perhaps the children are angry that their parents didn't provide for them properly...But it matters not... if there was an estate then the estate pay the debt...no estate and the creditors have to eat the debt... |
05-11-2006, 09:18 PM
| | Senior Member | | Join Date: May 2004
Posts: 41,453
| | | I hate to say this guys but many of the responses here have nothing to do with legality.
Adult children are NEVER responsible for their parent's debt unless they are consigners to the debt.
The parent's estate is responsible, assuming that there is any estate. If not, the creditors are SOL. |
05-11-2006, 09:26 PM
| | | Quote: |
Originally Posted by robertgile What is the name of your state? CA
My age: 29
My siblings: 22 and 16
How do I ensure that I and my other two, younger siblings dont get stuck with our parents debt when they die?
I am looking for a law and or a form to file saying that I legally am not attached to them at all.
Thanks.What is the name of your state? | Your not planning on doing anything illegal are you???
If they are both still alive....why the desperate questions about debt ONCE THEY ARE DEAD??? |
05-11-2006, 09:46 PM
| | Senior Member | | Join Date: Jul 2005 Location: Massachusetts
Posts: 14,071
| | Quote: |
Originally Posted by LdiJ I hate to say this guys but many of the responses here have nothing to do with legality.
Adult children are NEVER responsible for their parent's debt unless they are consigners to the debt.
The parent's estate is responsible, assuming that there is any estate. If not, the creditors are SOL. |
Isn't that what I said?? |
05-11-2006, 11:03 PM
| | Junior Member | | Join Date: Apr 2005 Location: CA
Posts: 5
| | Quote: |
Originally Posted by shellandty Your not planning on doing anything illegal are you???
If they are both still alive....why the desperate questions about debt ONCE THEY ARE DEAD??? |
I ask only because they up there in age and do not take care of them selves: drugs, poor eating. Heart problems run deep in my family. |
05-11-2006, 11:04 PM
| | Junior Member | | Join Date: Apr 2005 Location: CA
Posts: 5
| | | Thank you all for the information. This helps me greatly in lowering the stress in the family.
I am now locking this post....thanks all! | |
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