Almost helped an old lady cross the street but then remembered she wants to flip her $18 home to me for $950,000 (TikTok screenshot)
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[–] 2 points 1 year ago* (last edited 1 year ago) (3 children)

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.

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  • [–] 1 point 1 year ago (2 children)

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

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  • [–] 2 points 1 year ago* (1 child)

    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.

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