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  2. If a Family Member Dies, Which Debts Will You Be ... - AOL

    www.aol.com/family-member-dies-debts-responsible...

    You were joint account owners. You borrowed the money as a co-signer. You are a surviving spouse and live in a community property state where spouses share responsibility for certain marital debts.

  3. What happens to your bank account after you die? - AOL

    www.aol.com/finance/what-happens-to-bank-account...

    In other words, only $250,000, if that account is insured. If you are a joint account holder responsible for an account after a death, you might want to move some assets, if you have more than ...

  4. How to protect your deceased loved one’s credit after death

    www.aol.com/finance/protect-deceased-loved-one...

    The credit bureaus have ways of learning that a person has died. Funeral homes report deaths to the Social Security Administration (SSA), and the SSA periodically passes the information to the ...

  5. Options available if an AOL account owner passes away

    help.aol.com/articles/options-available-if-an...

    In order to protect the privacy and security of the deceased user's account, any decision regarding a request will be made only after a careful review. Note: This help page applies to U.S. accounts only. Requests submitted for non-U.S. accounts will not be accepted and will not receive a response. Requesting to close an AOL account

  6. My 62-year-old husband died after a short illness, leaving us ...

    www.aol.com/finance/62-old-husband-died-short...

    If you’re unsure about your own joint account(s), check with your bank so you don’t end up inadvertently losing access to it — even temporarily — in the event of your partner’s death.

  7. Joint account - Wikipedia

    en.wikipedia.org/wiki/Joint_account

    If the joint account is a survivorship account, the ownership of the account goes to the surviving joint account holder. Joint survivorship accounts are often created in order to avoid probate. If two individuals open a joint account and one of them dies, the other person is entitled to the remaining balance and liable for the debt of that account.

  8. Stepped-up basis - Wikipedia

    en.wikipedia.org/wiki/Stepped-up_basis

    Under IRC § 1014(a), which applies to an asset that a person (the beneficiary) receives from a giver (the benefactor) after the benefactor dies, the general rule is that the beneficiary's basis equals the fair market value of the asset at the time the benefactor dies. This can result in a stepped-up basis or a stepped-down basis.

  9. How to protect your deceased loved one’s credit after death

    www.aol.com/finance/protect-deceased-loved-one...

    A credit freeze is like a lock on someone’s credit report, making it harder for identity thieves to use their information for fraud. When a loved one passes away, their financial details become ...

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