Wednesday, November 24, 2010

If a parent dies, and the child pays off their parents car, how does that person get the car title changed to?

...their name?If a parent dies, and the child pays off their parents car, how does that person get the car title changed to?
They have to have the title signed over by the executor of the estate, or the administrator of the estate. Keep in mind, all the parent's debts must FIRST be paid off, before a child can inherit any assets - including the car. It doesn't matter, that the child paid it off or not - that's considered a gift to the estate.