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In Nevada do you inherit your spouses debt when you get married?
Wiki User
∙ 15y ago
yes
Wiki User
∙ 15y ago
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Do you assume your spouses debt when you get married in NY?
No. Only if you are a co-applicant you assume the debt. I'm not 100% sure about govt debt though.
Are you responsible for spouses debt if not a joint account and are still married?
It depends on where you live. Laws vary across states and countries.
Do you inherit debt?
No, you do not inherit debt. Unless you choose to do so. The estate is responsible for ending the debt by either paying it off or showing the court there are no assets.
If I marry someone with previous tax debt does the debt become my debt?
It is actually easier to just file married filing separate; this way there is no additional paper to prepare. Therefore if and wne you have tax liability, the IRS and possible tax resolution firms will be able to handle the issue with more ease.No, but there are two things you can do to ensure that your spouses debt remains separate. First you can always file married filing separate until the debt is cleared up. the second thing you can do is file married filing joint but file innocent spouse. Innocent spouse form is 8857.You can go to this IRS website link for more information. See the page link, further down this page, listed under Related Links.If you file MFJ then you will gain the tax credit for being married and filing the innocent spouse should waive your responsibility to your spouses tax debt.
Does Wisconsin garnish a spouses wages to satisfy a credit card debt?
No, Wisconsin will not garnish a spouses wages to satisfy a credit card debt. Credit cards do not generally seek garnishments unless the amount is very large.
Do you inherit your spouses debt after marriage in new york?
The debts are considered to benefit both spouses. They will have a responsibility to resolve them.
Do you assume your spouses debt when you get married in NY?
No. Only if you are a co-applicant you assume the debt. I'm not 100% sure about govt debt though.
Are you responsible for a spouses debt if not a joint account and are still married in the state of nc?
Yes
Are you responsible for spouses debt if not a joint account and are still married?
It depends on where you live. Laws vary across states and countries.
Do you inherit debt?
No, you do not inherit debt. Unless you choose to do so. The estate is responsible for ending the debt by either paying it off or showing the court there are no assets.
Can you inherit spouses debt after her death?
If both names are listed on the account, YES. If only the deceased spouse was listed they will try to collect. They may try to file a claim against the estate. And if they estate is large enough they will succeed. After all, it is a legal debt and should be re-paid.
Who is responsible for marital debt?
Both of the spouses are responsible for the debt. They both benefited from the debt, so they are held responsibility.
Does South Carolina make spouses responsible for the others debt in their name only?
In South Carolina, spouses are generally not responsible for debts that are solely in the other spouse's name. However, if the debt was incurred for household necessities or was jointly agreed upon, both spouses may be held liable. Consulting with a legal professional for guidance on your specific situation is recommended.
Are you responsible for your husbands unsecured debt?
The spouse is considered to benefit from the debt. Yes, the spouses share responsibility.
Is a spouse responsible for the other spouses child support debt if they are deceased?
No.
If I marry someone with previous tax debt does the debt become my debt?
It is actually easier to just file married filing separate; this way there is no additional paper to prepare. Therefore if and wne you have tax liability, the IRS and possible tax resolution firms will be able to handle the issue with more ease.No, but there are two things you can do to ensure that your spouses debt remains separate. First you can always file married filing separate until the debt is cleared up. the second thing you can do is file married filing joint but file innocent spouse. Innocent spouse form is 8857.You can go to this IRS website link for more information. See the page link, further down this page, listed under Related Links.If you file MFJ then you will gain the tax credit for being married and filing the innocent spouse should waive your responsibility to your spouses tax debt.
Do ihave to pay my spouses retirement taxes?
Whenever you are married and file taxes as Married Filing Joint, your taxes and your spouses taxes are one in the same. This means that any taxes owed on your return are the responsibility of both parties. This also means that if you have a tax debt of $2000 the you both owe the balance until it is paid in full not that each owes $1000.
