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.
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
You can inherit nothing because all the assets went to cover the debt though. That’s my point.
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.
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