• lightnsfw@reddthat.com
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    14 hours ago

    My point was that if you have too much debt your inheritors aren’t going to get anything when you die so just saying that debt doesn’t get passed on like it’s nothing is kind of disingenuous. I guess if you don’t care about leaving anything to your family you don’t need to worry about it but personally I want mine to get as much as possible.

    • deranger@sh.itjust.works
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      13 hours ago

      It’s not disingenuous in the slightest. Debt does not get passed on, full stop. You cannot inherit debt except for a few niche scenarios.

      I’m not saying it like it’s nothing, I’m saying it like the law is written. I am in the thick of the estate process right now.

        • deranger@sh.itjust.works
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          13 hours ago

          I don’t disagree. Do people not realize that you can’t inherit the assets of someone who has a negative net worth? That seems pretty common sense to me, and I knew that before I ever dealt with an estate.

          You still gotta pay your bills even if you’re dead, or rather the executor has to pay your bills for you.

          • lightnsfw@reddthat.com
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            13 hours ago

            I think a lot of people don’t really think about it. A lot of the people I know are really bad with money and make a lot of short sighted financial decisions