That depends on the laws in your jurisdiction. Laws vary from separate property states to community property states. You should consult with an attorney who is familiar with the laws in your jurisdiction.
In Michigan can jointly owned real estate by used to satisfy a judgement against one of the joint owners?
The base assumption is always going to be that that the other spouse inherits the other's assets. But the estate has to liquidate all assets before they can transfer them to the spouse. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.
Yes, South Carolina is a dower rights state. In South Carolina, a surviving spouse has a right to a portion of the deceased spouse's estate, which can include dower rights. Specifically, the spouse is entitled to a one-third interest in the real estate owned by the deceased at the time of death, unless waived or modified by a valid prenuptial agreement.
A concurrent estate is property that is owned by more than one person at the same time.
There are many individual and company-owned real estate sellers in Annapolis. A-K Real Estate is one real estate seller with multiple positive reviews, and REMAX also has a presence in the area.
Anyone looking for listings of local commercial real estate agents can check the websites for LoopNet, then check by state or CORFAC, which is an organization of indepentently owned real estate companies that are locally owned.
The laws presume that the spouse inherits at least half, if not all, of the other spouse's assets. But the estate has to liquidate all debts before they can transfer any assets to the spouse. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.
The estate is going to be responsible for any bills. But the assumption is that the wife inherits the husband's assets. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.
It is one of America's largest publicly traded real estate companies
There is always the assumption is that the wife inherits at least half, if not all, of the husband's assets. But the estate has to liquidate all assets before they can transfer them to the spouse. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.
The fact that it is in Florida doesn't change the answer. The assumption is that the wife inherits at least half, if not all, of the husband's assets. But the estate has to liquidate all assets before they can transfer them to the spouse. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.
Indiana is pretty much the same as other states. The assumption is that the wife inherits at least half, if not all, of the husband's assets. But the estate has to liquidate all assets before they can transfer them to the spouse. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.