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the surviving spouse, who was either living in the same house as the deceased at the time of death or who, for the month of death, was entitled to the same monthly benefit as the deceased
7. Don’t overlook your own estate planning. Dealing with the aftermath of losing your spouse requires a lot of attention and time. But what not to do financially after losing a spouse is ...
That was the case with Joyce Debnam, an 80-year-old Maryland woman who received $1,400 a month in Social Security survivor benefits following the death of her husband.
The general rule in § 1041(a) is that no gain or loss shall be recognized on a transfer of property from an individual to a spouse; [1] or a transfer of property to a former spouse if the transfer is incident to the divorce. This rule also applies on a transfer of property from a trust for the benefit of a spouse or former spouse if the ...
This means that a surviving spouse must pay the debts of the deceased spouse using jointly-held property, such as a home. ... Though you may not be at huge risk to pay off a loved one’s bills ...
The Uniformed Services Former Spouses' Protection Act (or USFSPA) is a U.S. federal law enacted on September 8, 1982 to address issues that arise when a member of the military divorces, and primarily concerns jointly-earned marital property consisting of benefits earned during marriage and while one of the spouses (or both) is a military service member. [3]
Family visitation rights for the spouse and non-biological children, such as to visit a spouse in a hospital or prison; Next-of-kin status for emergency medical decisions or filing wrongful death claims; Custodial rights to children, shared property, child support, and alimony after divorce; Domestic violence intervention
For seniors who have been through a divorce, it's important to know the rules regarding Social Security benefits. Although married couples are entitled to spousal benefits, those benefits don't ...