Support Of Oblilgation Estate

[newwife03]

What is the name of your state? Texas, In my husbands divorce papers it states It is ordered that the provisions for child support in this decree shall be an obligation of the estate of John Doe and shall not terminate on the death of John Doe. We have been together for 6 years and we do consider us as husband and wife(common Law) What can the ex-wife do if something happens to my husband and what would happen to our house(he had the house before me) and he had the house before his ex-wife. Who would end up with the house and his other assets?

 

[nextwife]

His "estate", meaning any assets of his that do not automatically pass outside of probate would be liable for any remaining amounts of CS due. It might be a good idea to talk to an estate planning attorney to make sure you are protecting your future, contributing to your own retirement accounts, owning and paying for your own life insurance policy against him, and so on. YOUR own, seperate assets cannot be touched.

 

[stealth2]

Term life insurance can be a very good idea in this sort of situation. It;s relatively inexpensive and will ensure that the CS is paid as required by court order.

 

[nextwife]

It sure is! I could never otherwise afford to buy life policies on my 58 year old husband. Another cheap way to get extra insurance, as a suppliment, but not to rely on as primary insurance, is accidental death and disablity policies. These do not use actuarial tables and you can get a LOT of bang for the buck. I have a lot of extra coverage on a cheap ADD plan, through Sears, no less. Under $10/mo.

 

[VeronicaGia]

What is the name of your state? Texas, In my husbands divorce papers it states It is ordered that the provisions for child support in this decree shall be an obligation of the estate of John Doe and shall not terminate on the death of John Doe. We have been together for 6 years and we do consider us as husband and wife(common Law) What can the ex-wife do if something happens to my husband and what would happen to our house(he had the house before me) and he had the house before his ex-wife. Who would end up with the house and his other assets?

Yes, and keep in mind that if "John Doe" has no estate when he dies......