If the life insurance policy had listed as the beneficiary the spouse only then it is not considered part of the estate and is not subject to claims. If the beneficiary is the estate then it is subject to claims. The only problem with the spouse being the only beneficiary is if she was a party to the claims personally then perhaps she and the proceeds from the life insurance could be subject to these claims.
The deceased's estate is going to be responsible. The spouse can be held as a beneficiary of the costs and by inheriting less from the estate.
Technically the estate is responsible for all the debts of the deceased. The spouse, through the estate, has to pay off the debts.
The estate will normally be responsible. The spouse will indirectly pay, as they cannot inherit until they are resolved.
The estate has the primary responsibility. Depending on the insurance, they may also have a responsibility.
The estate will be responsible, so it would be a good idea to open one. The spouse indirectly will pay, as they cannot inherit until they are resolved.
No. The check must be endorsed by whomever the check is made out to. This will be the insured on the policy. If the spouse was not the named insured on the policy then she cannot legally endorse the check unless he gives her power of attorney or if he is deceased and she is designated as administrator of the estate by the court.
The estate is probably responsible unless the will says otherwise. In most cases the person making the arrangement will have to pay for the funeral and ask the estate to reimburse them.
No, an ex-spouse can't collect a deceased husbands insurance if the first wife is listed as beneficiary even if the fist wife is now deceased. The money will go to the beneficiary's heirs.
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If your spouse has no drivers license and does not drive, then no, you don't have to include them on your auto insurance policy. Actually, they have to have a drivers license before they can be added to the policy.
Wether it has insurance or not is a moot point. The vehicle is generally part of the estate and is inherited by someone.
In Virginia the estate will be responsible. The spouse indirectly will pay, as they cannot inherit until they are resolved.
The spouse is not directly responsible, unless they have co-signed for the services. The estate is responsible for settling all medical bills in Florida. So before the spouse can inherit anything, the estate has to pay the bills.
The spouse is not directly responsible, unless they have co-signed for the services. The estate is responsible for settling all medical bills in Oregon. So before the spouse can inherit anything, the estate has to pay the bills.
In Oregon the estate will have responsibilty. The spouse indirectly will pay, as they cannot inherit until they are resolved.
In Florida the estate will be responsible. The spouse indirectly will pay, as they cannot inherit until they are resolved.
In Kentucky the estate will be responsible. The spouse indirectly will pay, as they cannot inherit until they are resolved.
Legally...no. But, for insurance purposes, yes.
The estate is responsible for the loan. If the spouse wants to keep the car, they may have to assume the loan, if the bank allows them to. Otherwise the vehicle may have to be sold.
That will depend on the intestacy laws for the jurisdiction. In most cases the estate will be split between the children and the spouse, though the spouse will usually be the trustee for the children's share.
Is there an insurable interest, like child support, alimony, estate planning for the kids? Is the x-spouse willing to sign the application and take the physical?
The estate is required to settle all debts. The spouse will inherit less because of this and may be responsible as a cosigner or holder of the insurance.
The policy would default to the Estate. which in most cases the spouse would be the executor of the estate. however, it would have to go through probate court first, so you always want to have a primary beneficiary a life insurance policy.
Indirectly. The estate of the deceased husband is responsible for resolving all of his debts. Since the widow is going to be the primary beneficiary of the estate, she will inherit less because the estate has to pay the debt.
From the moment you say "I do" you have a legal interest in your husband's estate. There is no time requirement only that you be legally married. Laws that give rights to the surviving spouse vary from state to state.