When one spouse dies, the surviving spouse may need to complete an indemnity form to protect the estate and beneficiaries from potential claims or liabilities related to the deceased spouse's financial obligations. This form serves as a legal assurance that the surviving spouse will not pursue certain claims against the estate, thereby facilitating the probate process. It helps ensure that all debts and obligations are settled appropriately before distributing assets. Additionally, it provides clarity and reduces the risk of disputes among heirs or creditors.
Then the house needs to be sold.
100% everyone dies.
u only said he is married once... u never said he was married in florida and also its the spouse that dies not the person
In Texas, when a spouse dies, the surviving spouse is typically entitled to the house if it was community property or if it was left to them in the deceased spouse's will.
Yes Watson. But the real question is: can the spouse spouse the home after the reverse mortgage dies live?
Yes, provided that there are no other impediments to a marriage, the surviving spouse would be free to marry.
If child dies, does his spouse have any legal claim with in-laws home?
The child go to the other parent.
yes
Funds are transferred to the surviving spouse
Usually the mortage is set up as a survivors deed. This means that if one person dies, the spouce receives the deed in their own name. If this is not the case and the house wasn't willed to the other spouse, then it will have to be taken up in Probate Court.
Yes, it is now ok or legal for them to marry again.