My spouse died with no will. What does this mean?Share: When an individual dies intestate — meaning no will or trust to bequeath assets — state law determines how the assets are divided among potential heirs. For married couples with children, it is not automatic that the surviving spouse...
What Does "Fee Simple Ownership" Mean? What Happens if One Spouse Dies When the Deed Is in the Name of Both Spouses? Absolute Ownership Anyone who owns property in fee simple has absolute ownership of the property. Unlike fee simple, a life estate gives one owner of the life estate the ...
It can seem like the world has ended when your spouse dies. Dr. Barbara Wheeler felt that when she lost her husband. Find out how she can help you make the journey through grief a little less lonely with her unique...Barbara R Wheeler...
When a person dies, their current or former spouse can often start getting their Social Security benefits. Whether this happens depends on several different factors. Even if no one has died, you can collect aSocial Security spousal benefit based on your current or former spouse's benefits. This...
Using life insurance to secure a maintenance obligation: what happens when a maintenance-paying spouse dies shortly after the judge signs the dissolution judgment? Is the maintenance recipient out of luck? That may depend on where - i.e., in which appellate district the case arose.(Illinois)...
What happens to a bank account when someone dies without a will?If someone dies without a will, the bank account still passes to the named beneficiary for the account. If someone dies without a will and without naming a beneficiary, it gets more complicated....
Your estate lawyer may have drawn up legal documents such as trusts, written to change what happens to your debt when you die. Here are some different circumstances: Joint or cosigned accounts: If your spouse or someone else has jointly taken out a mortgage or other loan with you – or ...
When a car lease is in only one person's name, his death can trigger early termination of the lease. If the vehicle is returned to the dealership due to his death and before the lease expires, early termination fees and other penalties would typically come due. The leasing agent will most...
When a spouse dies, each of their assets transfers to theirbeneficiary, who is typically their surviving spouse. Unlike Social Security benefits, which have an automatic survivor benefit, retirement plans require account holders to choose their beneficiaries. These beneficiary designations take precedence...
When a spouse dies, the surviving spouse is entitled to file for a survivor's benefit as early as age 60. The benefit will be reduced if they file prior to reaching their full retirement age. They are permitted to switch to their own benefit at any point they wish starting at age 62 ...