ASK THE LAWYER: What occurs to my bank card debt after I die? | Enterprise

0
57
ASK THE LAWYER: What happens to my credit card debt when I die? | Business

DEAR JEFF: What happens to debt when someone dies? I have a credit card debt. Will my husband and children be responsible for this debt after I'm gone? Does it have to be paid for from life insurance? Thank you, "Deep in Debt"

Dear "Deep in Debt": Since Texas is a community owned state, your husband will likely be responsible for the credit card debt unless he can show that the debt was only purchased with your separate property and only benefited your separate property. This is highly unlikely.

kAmx7 J @ FC 9FD32? 5 A2DD6D 2H2J 367 @ C6 J @ F [J @ FC 49: = 5C6? H: ==? @E 36 C6DA @? D: 3 = 6 7 @ CJ @ FC 4C65: E 42C5 563E [2E = 62DE 5: C64E = J] pDD6ED 7C @> J @ FC 6DE2E6 H: == 36 D @ = 5 E @ A2J 2? J @ FEDE2? 5:? 8 3: == D 2E E96 E:> 6 @ 7 J @ FC 562E9] k ^ am

kAmx7? @E 6? @ F89 2DD6ED 6I: DE E @ A2J @ 77 E96 563E [E96 4C65: E 42C5 4 @> A2? JH: == 6? 5 FA HC: E:? 8 E96 C6> 2:? 56C @ 77] x7 E96 244 @ F? E H2D @ A6? 65; @:? E = JH: E9 2? @ E96C 72>: = J> 6> 36C [E92E A6CD @? H: == 36 C6DA @ D: 3 = 6 7 @ C E96 563E FA @ J @ FC 562E9] k ^ Am

kAmpD 7 @ C E96 =: 76:? DFC2? 46 AC @ 4665D [2D = @? 8 2D E96 =: DE65 36? 67: 4: 2CJ @? J @ FC A @ =: 4J: D 2? @ E96C A6CD @? [2? 5? @ EJ @ FC 6DE2E6: ED6 = 7 [E96 AC @ 4665D H: == A2DD 7C66 @ 7 E96 4C65: E 42C5 563E] k ^ Am

kAmkDEC @? 8mstp # ytuuik ^ DEC @? 8m x FDF2 == J AFC492D6 D6G6C2 = = @ EE6CJ E: 4<6ED 2E E96 E:>6 x 42D9> J A2J4964<] x7 x [email protected]>652J H 😕 E96 3: 8 @? 6 [H: ==> J 9FD32? 5 36 6? E: E = 65 E @ 92 = 7 @ 7 E96; 24 <A @ En% 92? <D [“u @ C #: 496C @C! @ @ C6C] "k ^ Am

kAmkDEC @? 8ms62C "#: 496C @C! @@ C6C" ik ^ DEC @? 8m &? 56C% 6I2D = 2H [F? = 6DD J @ F 92G6 2 D: 8? 65> 2C: E2 = AC @ A6CEJ 28C66> 6? E [J @ FC:? 4 @> 6: D 4 @? D: 56C65 4 @ >> F?: EJ AC @ A6CEJ] x7 J @ F 362E E96 @ 55D D @> 652J [J. @FC {@ EE @ H: ??:? 8D [D:? 46 E96J H6C6 AFC492D65 H : E9 4 @ >> F?: EJ AC @ A6CEJ [H @ F = 5 2 = D @ 36 4 @? D.: 56C65 4 @ >> F?: EJ AC @ A6CEJ] k ^ Am

kAmx? @ E96C H @ C5D [J @ FC 9FD32? 5 86ED 9: D D92C6] k ^ Am

Jeffrey Bates is licensed to practice in the state of Texas, but is not certified by the Texas Board of Legal Specialization in any area of ​​board of directors.

This column is for general information and educational purposes only. Neither this column nor the emailing of a legal issue constitutes the creation of an attorney-to-client relationship between the reader and Jeffrey Bates and / or Southern Newspapers Inc. Please contact any for any legal matter that affects you Lawyer.

To submit a question, email it to [email protected]or by mail to Ask the Lawyer, 101 S. First St., Lufkin 75901, or by calling 639-2900.