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    lab1970's Avatar
    lab1970 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Mar 29, 2007, 07:49 AM
    Who is responsible for the debt
    Is a spouse responsible for their deceased spouse's debt if it is in the deceased party's name only?
    ballengerb1's Avatar
    ballengerb1 Posts: 27,378, Reputation: 2280
    Home Repair & Remodeling Expert
    		  
    #2

    Mar 29, 2007, 08:08 AM
    The spouse is not responsible for the debt but the estate of the deceased is responsible. In a very simple situation she would pay his debt with his money before she inherits it.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Mar 29, 2007, 09:33 AM
    This will depend on the state ( if in the US) there are many states where they would have possible liability, depending on the type of debt also.
    grammadidi's Avatar
    grammadidi Posts: 1,182, Reputation: 468
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    #4

    Mar 29, 2007, 09:50 AM
    If the spouse is the executor of the will he/she would have to pay it. If he/she wasn't, then whoever was would have to pay off any debts before the spouse (and any other heirs) would receive their portion.

    Didi
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