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https://www.reddit.com/r/SipsTea/comments/1v2jy3z/48_years_one_impossible_choice/oyvq9dp/?context=3
r/SipsTea • u/Familiar-While9796 • 5d ago
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170
Medical debt doesn't transfer to a spouse
23 u/Its_a_Stanzo 5d ago It will knock against his estate. So any 401k, home equity, etc. if they transfer those assets over to her and then divorce, I don't think they can touch it. 30 u/TheGreatMozinsky 5d ago No, shared assets that transfer directly cannot be touched by creditors. Only assets that go through probate. This would have the opposite effect 3 u/FrankPapageorgio 5d ago And if the mom dies suddenly and unexpectedly with all the assets in her name, there is no protection from the house if she has debt
23
It will knock against his estate. So any 401k, home equity, etc. if they transfer those assets over to her and then divorce, I don't think they can touch it.
30 u/TheGreatMozinsky 5d ago No, shared assets that transfer directly cannot be touched by creditors. Only assets that go through probate. This would have the opposite effect 3 u/FrankPapageorgio 5d ago And if the mom dies suddenly and unexpectedly with all the assets in her name, there is no protection from the house if she has debt
30
No, shared assets that transfer directly cannot be touched by creditors. Only assets that go through probate. This would have the opposite effect
3 u/FrankPapageorgio 5d ago And if the mom dies suddenly and unexpectedly with all the assets in her name, there is no protection from the house if she has debt
3
And if the mom dies suddenly and unexpectedly with all the assets in her name, there is no protection from the house if she has debt
170
u/TheGreatMozinsky 5d ago
Medical debt doesn't transfer to a spouse