In a way, it won't make a difference. His death doesn't end his obligations for this or any other debt. His estate must resolve those before dispersing to beneficiaries. So it will pay, and presuming your the beneficiary of the remainder, there will be less to receive.
The estate is responsible for the tax debts of the deceased. That means before the estate can be settled, all debts, including taxes, have to be cleared. If there is not enough in the estate to cover them, they may not get paid.
The Executor or the Administrator
The debts are paid from the estate.
No. There seems to be some confusion as a POA becomes null and void upon the death of the grantor. However, the POA grantee is never responsible for the debt of the grantor beyond said grantor's financial assets.
Inheritance tax generally applies to assets received after a person's death, not to property that is deeded to you while the person is still alive. If the land is transferred to you before death, it may be treated as a gift rather than inheritance, and gift tax rules would apply instead. However, tax laws can vary by jurisdiction, so it's essential to consult with a tax professional for specific guidance related to your situation.
if you have a civil wrongful death suit before you are married can your new spouse be held responsible
Her husband's name was George Putnam; they were married in 1931, six years before her death in 1937.
no, the only one responsible for payment is the name on the note, not the mortgage.
they were married in 1950 and stayed married until his death in 2005
Betsy Ross was married to John Ross, a Philadelphia carpenter. They married in 1773, and he was supportive of her work in sewing and upholstery. After John's death in 1776, she later married Joseph Ashburn and then, after his death, she married her third husband, John Claypoole.
No, you should not call a dead husband an ex-husband. He should be referred to as the woman's late husband if they were married at the time of his death.
Yes, Hatshepsut was married to her half brother Thutmose II. She usurped the throne after her husband's death.
Mary Alice married Jose Bautista and she is living in Bowling Green after the death of her husband.
This will depend on whether your husband added you to the title or left the house to you in his will. Because he owned the property before you were married, he could leave it to another person in his will if he never added you to the title.
Jackie Mitchell was married to Oscar Shaw. They were married in 1959 until Shaw's death in 1988.
Hitler married Eva Braun, shortly before his death.
He didn't, she was his mother. She married his father, King Uther, after the death of her first husband, Garlois of Cornwall.