QUESTION
My mother passed in September. We did not do a formal probate. What is the time frame for medical bills to be able to still collect?
Asked on Feb 28th, 2015 on Wills and Probate - California
More details to this question:
I haven't gotten any bill for my mother for months. I just paid her taxes and have about $15,000 left over to distribute to myself and my siblings. I don't want to distribute until I know no one else can try to collect. I am the executor and don't want to be stuck with the bill.
1 ANSWER
One year (after death) is the general statue of limitations for when a claim can be filed. However, if you have actual knowledge of the claim then arguably they could come after you for fraud after one year. Not likely. I would probably hold the money 18-24 months after death. By then you should know how far the collection agency will take it. The problem is every 6-12 months these debts get sold to a new collection agency which often starts the collection process all over again! Good luck. -John
Answered on Mar 03rd, 2015 at 7:30 AM