Has anyone ever won one million dollars on who want to be a millionaire?
Answers: Yes. 11 people in the US have won at least one million dollars on Who Wants to Be a Millionaire.
lol obviosuly everyone who was on who wants to be a millionair?! :D
Where do assets be in motion when a spouse dies?
What happens to property (condo), money contained by bank accounts, cars, etc...that's surrounded by one spouse's name, when that spouse dies and nearby is no will? Will the surviving spouse inherit everything by default or do he/she requirement to specifically state in a will or some other kinda of notarized document that the wife/husband will capture everything? If there is no will, can the state inherit the assets instead of the living spouse?Answers: It does not necessarily move about all to the spouse if at hand is no will. Many states have law which give children a direct inheritance. This vary from state to state, but generally if the lifeless remarried and had children from the previous matrimonial, they should receive a direct inheritance if they are underage. Usually it will go the spouse, afterwards children, then closely related relatives, and eventually to the state if nearby are no closely related relatives to take the property.
It also depends how the property be owned. If the deceased owned property near others (joint tenants next to right of survivorship, tenants contained by common) there is a uncertainty that property goes directly to the other owners and hence no intestacy laws applies to the property.
In the UK, if within is no will (intestacy) it goes as:-
The first lb125,000 and the personal chattels (belongings within the house, jewellery etc) step to the spouse
Then the rest goes to the children.
If no children/spouse, after to the parents
If no parents then undamaged blood siblings
Then half blood siblings
Then Grandparents
Then Aunts/uncles of complete blood
Then Aunts/Uncles of half blood
Bona Vacantia - the Crown - if in attendance is none of the above
Condo, depends on how title is held as well as state ruling.
Bank accounts, if joint stir to the surviving co-owner. If it is a POD (pay on death) account it go to that beneficiary. If neither exists it goes to the estate and become exposed to creditors claims.
Will the surviving spouse inherit everything by default? Well it depends on state tenet. It's better to have a Will and/or Trust documenting your wishes, and properly witnessed.
The state will not lug possession of assets unless there are no surviving heir to the estate in quiz. However, all assets not passed outside of probate (ie, POD, natural life insurance, Trusts) will be subject to creditors claims and need to be rewarded before property is distributed to heir. There are certain provisions contained by a lot of state's law allowing Year's Support, et cetera. It all newly depends on specific state law when it comes to spouses, every state have their own way of doing things. Just check your state code in connection with how assets are handled.
I be able to find some interesting info for you in relation to intestacy and how property is distributed in NJ:
http://www.co.hunterdon.nj.us/depts/surr...
It roughly will go to the surviving spouse. Depending where on earth you live the children may get a split of it too. Even short a will, if the accounts are joint and the condo is titled contained by both names, they will verbs easily. No inheritance rates will paid on shared accounts. A will is the best way to travel.
Paying sour my mortgage?
I have 4k vanished to payoff and on the tax form I deduct about 1.7k contained by interest. I have 5.75 fixed rate. I call my lender to send me an amortization agenda so I can better plan what to do. In the mean time, should I consider paying past its sell-by date the remainder?Answers: absolutely, one and only 4k that is phenomenal!!
You are something like to be in a tremendously good place next to no mortgage.
Yes! with a refinance. nick out equity and as long as the equity you take is smaller amount than you paid for the home your interest is export tax deductible.
If you have polite credit now is the time to refinance. You should carry an interest rate lower than you presently have.
yes you should travel ahead and pay it past its sell-by date because you won't have anything to verbs about