I have a question regarding a survivng spouse.
If a couple has joint outstanding debts at the time one of them passes away and after funeral expenses are paid, can debtors come after the estate or remaining life insurance proceeds. If so, whats the best way to protect the surviving spouse's limited resourses. Let's assume there are no other funds such as 401k or a house.
If a couple has joint outstanding debts at the time one of them passes away and after funeral expenses are paid, can debtors come after the estate or remaining life insurance proceeds. If so, whats the best way to protect the surviving spouse's limited resourses. Let's assume there are no other funds such as 401k or a house.