And the credit cards were NOT in her name? Can they try to take her insurance money that was from him?
2007-06-23 12:54:15 · 7 answers · asked by hlg567 3 in Business & Finance ➔ Credit
I don't understand what you mean by the estate will pay it? If she is still living in and keeping the house. Please tell more,thanks. The state she llives in is florida.
2007-06-23 13:10:21 · update #1
Florida is not a community property state.
If her name is not on the cards as a joint user then "she" is not responsible for the accounts. If she was on the accounts as an authorized user she is still "not" responsible.
As for the estate, if he had any property that was "in his name only" (for example a vehicle, land, etc) then there is a possiblilty those things will have to be sold to cover his debts.
If all of the property was in both of their names, vehicles, home, etc., then they cannot force her to sell anything to cover the debts.
Does she have a probate lawyer? If so, the lawyer should have explained it to her and should have handled informing the companies.
If she has no lawyer to handle the estate affairs, then I agree with the others that said to inform the credit card companies and send a copy of the death certificate.
2007-06-23 14:22:41 · answer #1 · answered by echo 7 · 1⤊ 0⤋
The spouse is only responsible if their name was on the account as a co-owner. If the spouse was an authorized user, then the estate would be responsible. The insurance money should be placed in a private, sole owner account held by the spouse and not co-mingled with the estate's funds.
2007-06-23 12:59:55 · answer #2 · answered by Ginger 6 · 1⤊ 0⤋
If he had the balance at the time of death, credit card company will take the money from his estate. If the wife's name is not on the card, she's not responsible. She's only responsible if she is a co-applicant.
She must call the credit card company to report that he passed away. They may require her to send in a copy of the death certificate. Otherwise, they'll continue to send bills to her address. She shouldn't just ignore it.
If there isn't any balance, they still require her to send in a copy of the death certificate so they can close the account.
2007-06-23 13:07:26 · answer #3 · answered by Phoenix 5 · 0⤊ 0⤋
The executor of the estate is responsible, which usually is the spouse. So they are responsible either directly or indirectly. I would encourage you to contact the credit card company and see if they have a program in place to freeze the balance/interest until the estate is handled.
2007-06-23 13:03:14 · answer #4 · answered by Yellowrabbit 2 · 0⤊ 0⤋
If you are in a joint property state, the credit company may hold the spouse responsible for the bills even if you are not on the account. Otherwise the payment would come from the estate.
2007-06-23 13:02:17 · answer #5 · answered by Brian G 6 · 0⤊ 0⤋
yes, it's apart of this estate.
2007-06-23 12:58:04 · answer #6 · answered by Anonymous · 0⤊ 0⤋
no
2007-06-23 13:01:50 · answer #7 · answered by Anonymous · 0⤊ 0⤋