Depends which spouse was actually paying the mortgage/paid for the house. If the deceased spouse paid for the house in it's entirety, it is their choice (which they will state in their will) of who the house goes to. If they do not state, it will probably go to the other spouse unless another family member contests the decision (for example, if you'd just married the spouse, who has adult offspring, they would be entitled to challenge the decision of the house going to yourself).
If the mortgage/payment of the house was 50:50, it's not clearcut unless the deceased did leave their share of the house to you. (Although your 50% is still legally yours). If they wish to leave it to someone else, you can go to a court to contest the decision.
If the house was a gift, it depends which of you it was actually gifted too. Although being married to the spouse does usually protect your right to the house (unless you were responsible for their death).
Yes, if the loan is at the bank where the debit card was issued.
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.
100% everyone dies.
It is possible to set it up. Consult a probate attorney in your jurisdiction.
My spouse was in korea in the 50ths and he curently goes to the va for medical and receives a disability payment, is there benefits for me as his widow when he dies? my email is beewill24@yahoo.com
Yes Watson. But the real question is: can the spouse spouse the home after the reverse mortgage dies live?
If child dies, does his spouse have any legal claim with in-laws home?
I believe that in this case the answer is yes, as long as she receives the sacrament of penance for the years she was living in an an improper situation.
Then the house needs to be sold.
yes
Funds are transferred to the surviving spouse
In most cases the spouse has a right in the property, even if they are not on the deed. If there is no will, the spouse typically inherits the property.