Florida is a Tenancy By The Entirety state when matters relate to married couples. That being the case, a surviving spouse is only responsible for those debts that were jointly incurred during the marriage. If the surviving spouse wishes to retain the home and there is a mortgage, he or she would need to renegotiate the terms with the lender if he or she was not on the lending agreement, the same applies to a vehicle(s).
In Florida the estate of the deceased is going to be 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.
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. The estate of the deceased is responsible for the debts.
The estate of the deceased is responsible in Florida. The executor is responsible for listing all assets and debts. The debts are paid and anything left is distributed.
The estate is responsible for all debts, including taxes. The spouse benefited from the income.
The wife is not directly responsible unless she is on the contract. Florida courts could rule that the spouse benefited from the debts and could be held responsible. The estate has to pay the debts before she can inherit anything.
The estate is responsible to resolve all debts. Once they are resolved, then the rest can be distributed to the spouse.
No. Florida like several other states treat marital debts as being separate when they are not jointly incurred.
Technically the estate is responsible for all the debts of the deceased. The spouse, through the estate, has to pay off the debts.
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.
California is a community property state, the debts of the deceased should be included in the probate procedure. Usually in California the surviving spouse is responsible for all debts incurred during the marriage even though he or she was not the named account holder.
The estate will be primarily responsible. The spouse indirectly will pay, as they cannot inherit until they are resolved and they benefited from the debts incurred.
The estate is responsible for the deceased spouse's debts. But given that the spouse typically inherits the estate, and often agreements are required to include the spouse, there is a possibility, depending upon the type of debt and the instruments they were created under. I would consult a probate attorney. * A spouse is not responsible for the debts of a deceased spouse unless the debts were jointly incurred during the marriage or in some instances the married couple resided in a community property state at the time of death.