Sentences with phrase «using deceased spouse»

... (See Using deceased spouse's card)

A family living trust (typically husband and wife) or a joint trust with two grantors can be used to shift assets between the spouses upon death as a way to most effectively use the deceased spouse's exemption amount.

Not exact matches

If the named insured shown on the coverage summary page, his / her spouse, or their dependent children suffer an accidental death arising from the use or operation of the insured watercraft while this policy is in effect, and provided that the death occurs within 12 months of the date of the accident, we will compensate the estate of the deceased person as follows:

Typically, this money is used to cover the loss in salary for the deceased's spouse, cover funeral expenses, handle outstanding debts, and generally provide for anything the family and friends need during the time of loss.

Use to transfer a vehicle owned by a deceased person to a surviving spouse or to a child or children under age 21, if the vehicle is worth $ 25,000 or less.

Use to transfer the vehicle of a deceased person when there is no will, estate, surviving spouse or surviving minor child, and the vehicle is worth $ 25,000 or less.