Does executor have to pay credit card debt?

An executor will not be held personally responsible for paying off a deceased credit card debt or other debt. However, an executor can be held responsible for mistakes made while settling an estate. Any assets must first be used to pay creditors for outstanding debt, with the order determined by state law.

Can I be responsible to pay off the debts of my deceased spouse in Florida?

For most people in most situations, the answer is no. When someone dies, their estate is responsible for paying off their debts. That means that debt collectors can go after bank accounts and other forms of savings and assets that the deceased individual owned to get the money they’re owed. The debt simply goes unpaid.

Who is responsible for a deceased spouse’s credit card debt in Florida?

In Florida a spouse is not responsible for the debts of a deceased spouse. As long as you were not a co-creditor or grantor of the debt, you are not responsible. It sounds like you do not need a probate. When notifying the credit card companies, you might include a copy of your husband’s death certificate.

Who is responsible for a joint credit card in a divorce?

This means that all joint accounts, mortgages and other loans carry liability for both parties and may be divided equally in a divorce proceeding. This also means that if you open a credit card account with your spouse but only your spouse uses the card, you are still responsible for the debt because your name is on it.

Who is responsible for my husband’s credit card bills?

You are not responsible for bills solely in his name. When notifying the credit card companies, you might include a copy of your husband’s death certificate. As indicated in the prior posts, your marriage does not make you liable for your husband’s debts.

Can a court hold a spouse liable for credit card debt?

Most states follow “common law,” which means that a court will hold you responsible for any credit card debt that is solely in your name, and will hold you jointly liable for credit card debt that is in both your name and your spouse’s name.