Is the Debt of a Decedent Attributed to the Spouse in California? When a loved one passes away, the emotional toll can be overwhelming. Unfortunately, the financial implications can also be significant, particularly when it comes to the debt left behind by the deceased. In California, understanding how a decedent’s debt is attributed to the…
Being named the beneficiary of a Transfer on Death (TOD) deed in California can be a seemingly straightforward way to inherit property. However, this process comes with specific responsibilities and potential complications. Here’s a detailed guide on what you need to do after the death of the person who prepared the TOD deed. Understanding Your…