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Does a Florida widow have to pay her husbands debts out of their estate?
Wiki User
∙ 10y ago
In a way, yes - jointly held things like bank accounts are still part of the husband's estate, so yes, this can be used to pay off the husband's debts. The widow won't have to pay out of pocket with anything she had sole ownership of, like her own personal bank account. But anything that was shared, shares debt too.
Wiki User
∙ 10y ago
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Is a widow responsible for her husband's debt?
The husband's estate is responsible. If she was a co-signer or beneficiary of the debt, she will have some responsibility.
My son died and the mortgage was in his name only. His wife is making the payments. What happens now?
The widow should arrange a consultation with an attorney who can review the title to the property and the mortgage. If the property was owned jointly or as tenants by the entirety and only the husband signed the mortgage the bank may be out of luck. If the property was in your son's name alone then his estate must be probated in order for title to pass to his heirs and the bank will take the property by foreclosure unless the mortgage is paid. You need an attorney who specializes in real estate law and probate law to review the situation and explain the widow's rights and options.
Is it legal for a man in France to marry his widow's sister?
It is legal for a man in France to marry his widow's sister. These people are not related and there is no problem with marrying.
Is a widow responsible for husband's debt in GA?
It depends if the dept was in both your names or just in his. If the widow co-signed for any of the credit she will be responsible. If the credit was only in his name, then no she is not responsible. Best advise is to talk to a lawyer
What is the capital gains law for a widow selling a home 3years after the death of her spouse with a 19 year old child in school?
The law is the same for everybody: If you owned the house for at least two of the five years before sale and it was your principal residence for two of the five years before sale, you don't have to pay taxes on the first $250,000 of capital gains (profits). This can increase to $500,000 if you file a joint return and your spouse also lived in the house for two of the previous five years. There is a special rule for surviving spouses: If the widow did not remarry before the house was sold, she may treat any time her late husband lived in and owned the house as time she also lived in and owned the house. Also, if the widow does not marry and sells the house within two years of the husband's death and met both the two-out-of-five-year use and ownership tests at the time of death, then the widow may exclude $500,000 instead of $250,000. Any profits above the exclusion amount are taxed as capital gains. One other important thing to remember: When a property owner dies, the property receives a "step-up" in basis. For purposes of determining whether you had a capital gain ("profit") on the sale of the property, the amount your paid for the property ("basis") is considered to be its fair market value on the day the owner died (or alternate valuation date chosen by the executor of the estate). In a community property state, the whole property receives a step-up in basis if it is owned only by the husband and wife. If the estate filed an estate tax return (Form 706), this value should be listed on the estate tax return. If not, you need to get an appraisal of the value of the house as of the date of death. If you didn't get one, contact an appraiser and ask for a retroactive appraisal.
In Massachusetts is a surviving spouse responsible for deceased husbands credit card debt?
Indirectly. The estate of the deceased husband is responsible for resolving all of his debts. Since the widow is going to be the primary beneficiary of the estate, she will inherit less because the estate has to pay the debt.
Is a widow responsible for her deceased husband's debts even though there is no estate?
That is the reason to create an estate. However, in most cases the spouse will have benefited from the debt and be held responsible.
Is a widow responsible for payment of deceased husbands medical bills?
The widow is not directly responsible for the medical bills unless they signed the paperwork, which is often the case. However, the estate is going to be responsible. Which means that the estate may be depleted and a lien placed on the house. The spouse may not inherit anything.
Is a Widow responsible for auto debt in CA?
The estate has to resolve all of the debts. That would include the car loan, which must be resolved before the vehicle can be sold or inherited.
Can you as a wife collect on your husbands SS in the event of his death?
What age does a widow have to be to collect deceased husbands ss
Does a widow have to pay her spouse's debt in Texas?
In Texas the debts of the deceased, including hospital bills, are the responsibility of the estate. The estate, or its beneficiary should reimburse any valid debtors before giving any of the assets away. If the estate has been closed, there should be no further claims. Consult a probate attorney in your jurisdiction for help.
What does it mean to be a black widow?
A black widow spider (along with most other spiders) will kill her mate, so a woman who kills her husbands is called a black widow.
In Thailand what color does a widow wear to mourn her husbands death?
Purple I think
If a husband dies leaves the wife some property that she quit deeds to a third party prior to the husbands will being inventory approved through probate is the quit deed binding?
Generally, upon death, the decedent's title to real property passes immediately to the beneficiaries under the will or to the heirs at law if the decedent died intestate. The quitclaim deed is binding. However, the estate is subject to probate in case there are debts that must be paid. The decedent's debts must be paid before any property can be distributed. Also, an estate that passes real property must be probated in order to vest legal title in the heirs.The widow conveyed her interest in the real property by executing a deed after the death of her husband. However, in order to perfect title in the grantee the estate must be probated. An attorney may advise that the widow should execute a confirmatory deed to clear the title once the estate has been probated. You need to consult with the attorney who is handling the estate or with an attorney in your area who specializes in probate.
Can widow's personal property be seized by heirs of her husband?
No. A widow's personal property is not part of her husband's estate.
Who inherited Gene Autry's estate?
His widow, Jackie Autry.
Can a widow use husbands name legally?
Unless re-married, a widow can legally continue to be "Mrs. (late husband's first name) so-and-so."
