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Being a co-signer on a loan for the deceased, where there’s outstanding debt Living in a state where the law requires surviving spouses to pay particular kinds of debt. This is most common in ...
Here's what you're responsible for after a loved one's death — plus ways to protect your family's finances ... 2024 at 10:35 AM. ... This means that a surviving spouse must pay the debts of the ...
There may also be financial stress if a spouse leaves behind credit card debt, outstanding loans or other monetary obligations. You may be wondering: Am I responsible for my spouse’s debt after ...
If the deceased was married, and a spouse was a joint owner of the account or co-signer on the debt, then the spouse is generally liable for that debt. In community-property states, things get ...
The death of a spouse can be emotionally and mentally trying on many levels. There may also be financial stress if a spouse leaves behind credit card debt, outstanding loans or other monetary ...
A copy of the death certificate of the AOL account holder, issued in the United States; A copy of the requester's government-issued ID; and; One of the following documents: • A copy of the will of the deceased AOL account holder giving the requester access to digital assets; or
If the estate is insolvent, your spouse may be responsible for the debt, depending on the situation. Tax debt, for example, is typically your spouse’s responsibility if you filed a joint return.
If the surviving spouse isn't responsible for the debts, then they're paid from the deceased's estate. Assuming there are assets in the estate, then the executor -- the person in charge of ...