How do I stop credit card companies from seeking payment from my wife after I die?

I am older than my wife and I have substantial credit card debt that I don’t want her to be responsible for after I am gone.

ANSWER BY MARGARET CROSS-BELIVEAU:

Unless your wife agrees to is, she is not responsible for your debts, only your estate is.  So put all of your property in her name and your creditors can’t touch her after your death.  She will need to do her own estate planning so that the assets don’t go directly back to you but are held in trust for you if she dies first.

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Legal Disclaimer: Please note that this answer does not constitute legal advice, and should not be relied on since each situation is fact specific, and it is impossible to evaluate a legal problem without a comprehensive consultation and review of all the facts and documents at issue. This answer does not create an attorney-client relationship. A lawyer experienced in the subject area and licensed to practice in the jurisdiction should be consulted for legal advice.

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The estate administration and estate planning attorneys at the Beliveau Law Group provide legal services for estate planning, probate, estate administration, and trust administration. The law firm has offices and attorneys in Naples, Florida; Waltham, Massachusetts; and Salem, New Hampshire.

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