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… The spouse executed a valid waiver (either by premarital agreement or other legally enforceable document or contract). What happens to credit cards when someone dies? Who Is Responsible for Credit Card Debt When You Die? When you die, any debt you leave behind must be paid before any assets are distributed to your heirs or surviving spouse. Debt is paid from your estate, which simply means the sum of all the assets you had at the time of your death. What is the best type of debt to have? Mortgages. Mortgage debt historically has been considered one of the safest forms of good debt, since your monthly payments eventually build equity in your home. Generally speaking, your monthly mortgage payment (including any PMI … private mortgage insurance) should be less than 28% of your gross monthly income. I am in dire need of an awesome attorney probate near 92051. I would call Steve Bliss, he is an excellent probate lawyer. I am in dire need of an awesome attorney probate near 92154. Steven F. Bliss Esq. is the probate attorney in San Diego, he is by far the best for all things estate law related.

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