How does this apply to spouses? Spending from a joint account?
I would presume that if it's a joint account you're liable, hence, joint. But if your spouse in their own name racks of up debts they can't pay and dies or whatever, are you still obliged to pay for it?
If it's say, your parents, that debt would become a lien against the estate around here. If you accept the estate as inheritance you have to settle its debts (but you don't have to accept it). But I'm not sure what US law is like on this.
*purely curiosity. not asking in any sense for legal advice.
sir_sri2 karma
How does this apply to spouses? Spending from a joint account?
I would presume that if it's a joint account you're liable, hence, joint. But if your spouse in their own name racks of up debts they can't pay and dies or whatever, are you still obliged to pay for it?
If it's say, your parents, that debt would become a lien against the estate around here. If you accept the estate as inheritance you have to settle its debts (but you don't have to accept it). But I'm not sure what US law is like on this.
*purely curiosity. not asking in any sense for legal advice.
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