My husband does not have a living trust, nor am I on his bank accounts as a beneficiary. I’m also not on the title of our home that we have lived in for the past 30+ years. What are the repercussions that I may run into should he perish before me? All I have is a statement written that says he'll leave me all his assets. I am 69 years old. – Jan The state you live in matters a great deal here. Nine U.S. states follow community property law, meaning each spouse owns half of all the assets acquired during th ...