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The laws presume that the spouse inherits at least half, if not all, of the other spouse's assets. But the estate has to liquidate all debts before they can transfer any assets to the spouse. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.
What else can I help you with?
Is a spouse in Missouri responsible for the other spouses debt?
The basic assumption is that yes, the spouse is jointly responsible. It is assumed that both spouses will benefit from the transactions.
Is a spouse responsible for any debt incurred by the other spouse in Minnesota?
In Minnesota, a spouse is generally not responsible for the other spouse's individual debts incurred before or during the marriage unless both spouses jointly incurred the debt or one spouse agreed to be responsible for it. Minnesota follows the concept of "equitable division" in divorce, which means that debts are divided fairly, but not necessarily equally. However, if one spouse can prove that the debt is a joint obligation or that the other spouse benefited from the debt, they may be held responsible. It's advisable to consult a legal professional for specific situations.
Is surviving spouse responsible for spouses credit card debts in Georgia?
The laws in Georgia are the same as other places. They presume that the spouse inherits at least half, if not all, of the other spouse's assets. But the estate has to liquidate all debts before they can transfer any assets to the spouse. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.
What if one spouse owes taxes but the other spouse doesn't?
If one spouse owes taxes but the other spouse doesn't, they may still be held jointly responsible for the debt. This is because the IRS can pursue both spouses for the full amount owed, regardless of who earned the income. It's important for both spouses to communicate and work together to address the tax debt to avoid any potential penalties or consequences.
Are both spouses responsible for the bills?
yes they are both responsible for jobs, and supporting each other
Is a spouse in Missouri responsible for the other spouses debt?
The basic assumption is that yes, the spouse is jointly responsible. It is assumed that both spouses will benefit from the transactions.
Are you responsible for your spouses medical bills in Oregon?
Oregon is not a community property state. Therefore the surviving spouse is only responsible for the deceased spouse's medical bills if he or she entered into a financial agreement with the attending hospital and/or physicians or other such agencies.
Is a spouse responsible for the other spouses child support debt if they are deceased?
No.
Is a spouse responsible for the medial debts of the other spouse?
YES with qualifications. Joint assets will be considered as valid for liquidation to meet debt incurred only by one of the spouses.
Nh common law marriage surviving spouse rights?
New Hampshire recognizes common law marriage for purposes of probate only. In other words, they recognize a common law marriage at the time of the spouses death to ensure the surviving spouse can receive the inheritance with no issues.
Is surviving spouse responsible for credit card debt in North Carolina if she was not on the account when the other spouse died?
In North Carolina the estate of the deceased is responsible for the debts. Indirectly, the spouse is going to pay the debts, either by a smaller inheritance or as a beneficiary of the goods and services purchased by the spouse.
IS a spouse responsible for their spouses debt in New York?
In New York, spouses are generally not responsible for each other's separate debts. However, debts incurred during the marriage may be considered marital debt, and both spouses may be responsible for that debt, regardless of which spouse incurred it.
Is a spouse responsible for any debt incurred by the other spouse in Minnesota?
In Minnesota, a spouse is generally not responsible for the other spouse's individual debts incurred before or during the marriage unless both spouses jointly incurred the debt or one spouse agreed to be responsible for it. Minnesota follows the concept of "equitable division" in divorce, which means that debts are divided fairly, but not necessarily equally. However, if one spouse can prove that the debt is a joint obligation or that the other spouse benefited from the debt, they may be held responsible. It's advisable to consult a legal professional for specific situations.
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.
Is surviving spouse responsible for spouses credit card debts in Georgia?
The laws in Georgia are the same as other places. They presume that the spouse inherits at least half, if not all, of the other spouse's assets. But the estate has to liquidate all debts before they can transfer any assets to the spouse. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.
Your Mom died and your father is currently in a nursing home are you or is he responsible for her hospital bills?
If the couple resided in a community property state at the time of the individuals death the surviving spouse might be held accountable for the deceased spouse's medical bills. That would apply even if the surviving spouse is in need of care themselves. However, the outcome of such depends upon the financial status of the surviving spouse and the laws of the state relating to such, for example if the person is on Medicaid. Surviving children or other relatives of the deceased are not responsible for medical bills unless they personally entered into a contract with the medical providers.
What if one spouse owes taxes but the other spouse doesn't?
If one spouse owes taxes but the other spouse doesn't, they may still be held jointly responsible for the debt. This is because the IRS can pursue both spouses for the full amount owed, regardless of who earned the income. It's important for both spouses to communicate and work together to address the tax debt to avoid any potential penalties or consequences.
