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โˆ™ 2006-03-10 15:58:02
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Q: Is the spouse named on the loan or the estate of the deceased spouse responsible for the debt of joint owned loans?
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In New York is the surviving spouse responsible for credit card debt of their deceased spouse?

Not unless she or he were a joint account holder. However, the estate may be responsible for paying the debt before the funds can be distributed. Check with a local lawyer.


Are the parents of a deceased adult child with no estate responsible for paying unpaid debt?

No, if they were not joint debtor's with the deceased they are not responsible for any of his or her debts.


Primary card holder deceased with no will spouse joint on house is she responsible for card death?

As long as the couple did not reside in a community property state and the spouse was not a joint account holder the spouse is not responsible. However depending on the probate laws of the resident state, a portion of the deceased's estate may be used to pay outstanding debt(s).


In Alabama is a surviving spouse responsible for the credit card debt of their deceased spouse?

Alabama is not a community property state, the surviving spouse is not responsible for creditor debt unless he or she was a joint account holder.


In Tennessee is a surviving spouse responsible for the deceased spouse's debts if there is no estate?

Tennessee is not a community property state, if the surviving spouse was not a joint debtor he or she is not responsible for debt incurred by the decedent. The exeption would be, if there is a home that is encumbered by a mortgage and/or loan the surviving spouse will have to continue the agreement whether he or she was named on the lending contract in order to retain possession of the property.


Do you owe taxes the year you die?

Yes. But since you will not be around to pay them, your estate will be responsible for paying them. If you are married and your spouse files a joint return for the year you die, your spouse could be responsible.


Who is responsible for a debt if the credit card company of the deceased turns the unpaid balance to the collection agency for the family to pay but there is no spouse or children?

If there is no inheirator of the deceased's estate no one is responsible. However if you have inheireted the decease estate and accepted that then you also have to accept the debt. Payment of debt should come from the estate of the deceased. If the estate of the deceased is without sufficient resources to pay the debts and the deceased does not have joint obligation with anyone, the total of debt should be added together and the estate should be divided equally among the debts. If anything is left after paying all debts of the deceased, the remaining resources can be divided among suvivors or beneficiaries.


Will surviving children of deceased parents that have no life insurance or estate be responsible for paying criminal fines or utility bills incurred by the decedents?

No, surviving family members are not responsible for the debts of deceased persons if they were not listed as a joint account holder or borrower.The exception being a surviving spouse when the couple resided in a community property state.


Will your family have to pay your visa bill after you pass on?

If the surviving family members are not joint account holders or a surviving spouse who was living in a community property state, they are not responsible for the debts of the deceased. The deceased estate (if any) is to be probated (when required) and any assets are used to pay outstanding debts in their order of priority according to state law. FYI, authorized signers of credit card accounts are not joint account holders and not responsible for debt incurred. Likewise in some CP states the surviving spouse cannot always be held accountable for all debts solely incurred by the deceased spouse.


Does a spouse have to pay back a loan of a deceased spouse if they are not a joint holder of the loan?

Depends on the state you live in. * If the married couple resided in a community property state the surviving spouse might be held accountable for the debt even though the loan was only in the name of the deceased spouse. In all other states the surviving spouse is not responsible for debt that is incurred solely by a living or deceased spouse.


In Florida what should the surviving spouse do about the credit card debt of a deceased spouse that was sent to collections if there was no estate?

If the account was joint then the surviving spouse is responsible for the debt. If the account was held solely by the deceased spouse the surviving spouse is NOT responsible for the debt and is not legally obligated to repay such nor to correspond with the creditor or collector. If the surviving spouse so chooses he or she may inform the collector that the account holder is deceased and also inform the collector that they should "cease and desist" all contact with the family. Florida is not a community property state. Marital property is generally treated as Tenancy By The Entirety, which makes it immune to creditor action if only one spouse is the debtor.


Are siblings responsible for deceased sibling's debt?

No, not unless they have signed a joint mortgage (you borrowed money jointly) with the deceased sibling.A dead person's debts are settled out of the person's estate. If the estate does not have enough money to settle the debts then they "die" with the person.


Who is responsible for credit card debts on death in QLD Australia?

The estate of the deceased. Also anyone that was listed as a co-signer or joint account holder.


What happens to bank accounts after a spouse dies?

Whose name was on the account? If it was a joint account, then the surviving owners of the account "inherit" the portion contributed by the deceased spouse. If only the name of the deceased was on the account, and it is not a community property state, then the entire account belongs to the estate and will be distributed according to probate rules of the state.


If you had a joint checking account with your deceased mother will you have to put it an estate account?

No. A joint account is not a probate asset. It belongs to the survivor.


Do the children have to pay the debts of their deceased parents?

If you were not a joint debtor you are not responsible for repayment of deceased parent(s) debts.


Are you responsible for your deceased mother's debt with an applicance store?

If you were not listed as a joint account holder you are not responsible for the debt.


If you do not live in a community property state is a wife responsible for the credit card debt of her deceased spouse when the account was in his name only?

No. The credit card debt will become a part of the probate procedure and will be handled according to the distribution laws of the state in which the person resided at the time of his or her death. Please be advised, it is not unusual for a creditor/collector to attempt to convince a surviving spouse that they are responsible for the debt especially if said spouse was an authorized user of the account. Be that as it may, the surviving spouse or other family members are not responsible for the debts of the deceased unless they were a joint account holder.


Are you responsible for your deceased husbands IRS debts even though you were not working during that time?

In most cases the debts of the deceased are the responsibility of the estate. However, you are considered to have benefited from his not paying taxes. If you filed a joint return, you may be held responsible. Consult a probate or tax attorney in your jurisdiction for help.


Can a fiancee inherit debt of the deceased?

That depends on the nature of the debts- whether they are joint debts. If they are solely debts of the decedent then his estate is responsible. You should speak with an attorney to determine your rights and obligations.


Is a wife who is not a joint account holder responsible for her husband's credit card debt in Illinois?

Illinois is not a community property state, therefore a spouse who is not a joint account holder is not responsible for the credit card debt of the other spouse.


If the primary holder on a credit card dies who is responsible for outstanding balance?

In most instances the account holder is the only one responsible for the debt. If the deceased was married and lived in a community property state, the surviving spouse could be held accountable for the debt depending on the circumstances. One factor would be the state probate laws and what nonexempt assets might be part of probate proceedings. 2nd Answer Joint cardholders are equally responsible for the debt with the primary cardhold. If the primary has passed away, the joint will be responsible for timely repayment of the debt. Authorized cardholders are not responsible for the debt at all. If there is no joint cardholder, the regular estate laws for your state apply.


Is a spouse responsible for debt incurred before the marriage?

No, not directly. Indirectly the non debtor spouse may find that he or she has a shared joint account levied or joint property encumbered by a judgment against the debtor spouse.


How do you eliminate the debt after death to a spouse?

Get an estate opened. The executor of the estate will deal with the debts and assets. If the debts are joint responsibility, they won't go away.


Is a surviving spouse responsible for a deceased spouse's credit card debt if the deceased had no assets except a death benefit from life insurance?

The surviving spouse is only responsible for credit card debt if the account were joint or the married couple lived in a community property state; (Texas and Wisconsin treat marital debt differently than other CP states). Death benefits from life insurance with a named beneficiary or SS death benefit are not subject to creditor action for repayment of the deceased debts.