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I'm sorry but I don't quite understand. You'll have to explain this to me like I'm a 6 year old if you have the patience to do so. Can you tell me what you mean by "outside of his estate"? What constitutes his estate?
I'm the named beneficiary. So I just need him to add me to title/deed now to transfer to me in event of his death? In that case the credit card companies can't take it? The car as well?
So his family would be responsible for his debts? You see I live with him and have for awhile. It's my home. I will be in charge of everything after he passes. So will I be forced to sell my home/his home after he dies to pay off his debts? Also... if so, would it be advisable for him to put the...
Hello. First I am asking this for my father. We live in Kentucky. He was just diagnosed with stage 4 lung cancer. He has maybe a year left to live. Maybe a little longer if he responds well to treatment. He has 22,000 dollars in credit card debt. He owns a mobile home and an automobile. Will the...
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