For items like a vehicle loan registered in joint names, it is typical that the surviving borrower would take on full responsibility for the loan. Whether the survivor can keep the vehicle will depend on how the vehicle is registered. If the vehicle is registered in joint names, then it would pass outside of the estate and not be subject to creditors. If this is the case, the surviving joint owner must attend at an Autoplan agent with the death certificate, the vehicle registration, insurance, and licence plates, and have the vehicle transferred into his or her name alone.
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Wills & Estates
After my spouse's death, what happens to a loan we had in our joint names?
My spouse passed away. We had a vehicle loan in our joint names. I've been making payments. Can I keep the vehicle?
Reviewed September 2017