yes, if your legally married, then your connected legally to all debts of your spouse.
No - a person's debts die with them. The spouse of a deceased person is not responsible fofr their outstanding bills.
YES, if you die, then the next of kin is responsible for your debt.
Only if that person is the deceased's spouse.
In Oklahoma, the responsibility for a deceased spouse's medical bills generally falls to the estate of the deceased rather than the surviving spouse. However, if the surviving spouse was a co-signer or if joint accounts were involved, they might be liable. It’s advisable to consult with a legal professional to understand specific circumstances and obligations.
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.
Your estate is responsible for your debts. If the business is owned by the deceased, the business is responsible. A spouse is not responsible, but the amount they inherit will be affected by the debts.
== == NO. When you die, your debts die with you, unless you have money in a bank account, or other funds that are in your name. A claim may be made by a debtor ( some one who you owe money to ) thru the courts. Your family is not legally responsible for your debts, UNLESS they signed to do so.
The estate of the deceased is responsible for the debts. The spouse is going to have to pay the debt as a beneficiary of the home purchased by the spouse.
I am not certain what you mean by "community property change", unless it pertains to a divorce decree. If you live in a community property state, and the debts were incurred while you are married. The spouse is indeed responsible for those debts. In non-community property states the person who contracted the debt, is the only person responsible. Therefore, the debt(s) usually "die" with the deceased person. There are exceptions, however, some states have laws which make the spouse responsible if the debts are defined as "necessities". Such as medical expenses, food, shelter, etc.
When you die, your Health Savings Account (HSA) can be transferred to your spouse tax-free, who can then use it for qualified medical expenses. If you don't have a spouse, the account will be treated as taxable income and may be subject to estate taxes.
no if they die the money they are owed will be taken out there bank account the remaning will be given out according to there will
No, Tennessee is not a community property state. Married couples living in non community property states are not responsible for debts incurred solely by either spouse.