Real Answers for Life’s Money Challenges
My husband has lots of credit card debt…too much.
(My name is NOT on any of his credit cards.)
Hes 60 years old, and if he were to die tomorrow, would I be responsible?
So the debt repayment would come out of the estate before any heirs would inherit the rest.
That kind of arrangement could mean his home equity could go toward debt repayment if he dies.