Am I Responsible for Paying Off My Deceased Husband’s Debt?
By: Francis Financial
November 28, 2021
Stacy Francis, President and CEO of Francis Financial has a featured article on Kiplinger that discusses what debts you may be responsible for after your spouse’s passing.
Losing your spouse is a painful, confusing time, but add to that repeated calls from an aggressive debt collector, and a bad situation suddenly can get even worse. Before you cave into the pressure, take a moment to catch your breath and learn the facts about your rights and responsibilities. You may be off the hook as some debts — including even certain types of credit card charges — are forgiven at death. However, others linger much longer.
Learn more about the financial planning and wealth management process and contact Francis Financial today.