Where Does Your Spouse’s Credit Card Debt Go When They Die?
Filed under: Family Money, Personal Finance, Credit Cards
By far, the saddest cases in my years as a financial advisor were assisting widows after their spouses’ deaths. Not only does a surviving spouse have a great deal to manage emotionally, but the financial burden can feel equally overwhelming.
Later in this article we’ll take a look at who’s responsible for a late spouse’s credit card debt, but let’s first address three important financial actions to take soon after the death of a spouse.
1. Alert credit agencies: Unfortunately, these days, the…
Where Does Your Spouse’s Credit Card Debt Go When They Die? originally appeared on DailyFinance.com on 2012-09-05T11:20:00Z.
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