Intestate
My husband suddenly took ill and passed away last month. He did not have a living will or Trust set up. He did not own any property. He did have a Life Insurance policy for which I am the beneficiary. He had a savings account under his name and owned a vehicle. He has outstanding balance on some credit cards and medical bills that need to be paid. Am I liable for his credit card balances? Do I have to go through a probate court in order to pay his debtors or could this be resolved by setting up an Estate/Trust since he did not own any property? What is the best way to handle this ? Please advise.
Re: Intestate
when the bills come in write on them “deceased” and send back, preferrably unopened.
Joel Selik
http://www.SelikLaw.com
Box 1448
San Diego And Las Vegas, CA 92079
Re: Intestate
Estate under $ 100K? Then you may acquire title to assets via declaration. Contact me directly.
OCEAN BEACH ASSOCIATES
OCEAN BEACH ASSOCIATES
2185 Sunset Cliffs Blvd.
San Diego, CA 92107
Re: Intestate
Hello,
I’m sorry to hear about your loss. You are correct, your husband’s estate will be distributed in probate court. As for your debts, I will need to know further information about them – where you an “additional card holder” or was the account in his name only? I suggest giving me a call to discuss this further. Thank you,
Ismail Amin
Ismail Amin
The Amin Law Group, Ltd.
3960 Howard Hughes Parkway, 5th Floor
Las Vegas, NV 89169
Re: Intestate
It is too late to set up a trust. The life insurance policy is out side his estate and will go to you directly. Check to see whether the savings account has a provision as to what occurs upon his death; were the funds in that account his own separate funds or were they earned during your marriage, in which case they are community property funds. The vehicle might also be community property. When you speak with an attorney, be sure to first make a list of all of his assets, if they were earned or bought after you were married and with whose funds, the amount f his debts and were they for community purposes or his own, etc. The attorney might want you to e-mail the list to them first before any detailed discussion with you.
George Shers
Law Offices of Georges H. Shers
4170 Glenwood Terrace, Suite #1
Union City, CA 94587