If you were any smarter you wpuld inherit the house from your grandma and flip it yourself for big gains
Surprise surprise, you only inherit a bunch of debt because that generation lived by "you can't take it with you".
As someone who’s dealing with the estate process right now, I don’t think anyone inherits debt. It’s paid out of the estate and nobody else is responsible for those debts.
but if theres enough debt the other assets go towards that rather than the inheritors.
That’s literally what I just said. Debts are paid out of the estate. The estate assets will always be used to pay off remaining debts before the inheritors get anything.
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.
Not really, but there's not much being left for the children of boomers to inherit.
edit: And in the broader sense, yes. Millennial and younger are inheriting the debt from Bush II's wars. We didn't have any vote on that matter, but we're the ones who are paying that off. 2.8 trillion. After the shitshow of a covid response, I never want to hear someone mention the 3000 dead.
Child of a boomer here and honestly, the socioeconomic strata i grew up in? I never expected anything
I hear the opposite, boomer’s kids stand to inherit quite a bit. Anecdotally this seems true; granted I am an only child.
My father is likely to leave me with a few hundred thousand of his retirement account (he doesn’t know what to spend it on, his union pension is more than enough for his needs) and I’ll inherit both his house as well as my grandmothers house, which is now my uncle’s house. My mom’s house will be sold and split between my half brother and my cousin who my mother raised.
Did you do the right thing and put her down?
Welcome to Lemmy Shitpost. Here you can shitpost to your hearts content.
Anything and everything goes. Memes, Jokes, Vents and Banter. Though we still have to comply with lemmy.world instance rules. So behave!
1. Be Respectful
Refrain from using harmful language pertaining to a protected characteristic: e.g. race, gender, sexuality, disability or religion.
Refrain from being argumentative when responding or commenting to posts/replies. Personal attacks are not welcome here.
...
2. No Illegal Content
Content that violates the law. Any post/comment found to be in breach of common law will be removed and given to the authorities if required.
That means:
-No promoting violence/threats against any individuals
-No CSA content or Revenge Porn
-No sharing private/personal information (Doxxing)
...
3. No Spam
Posting the same post, no matter the intent is against the rules.
-If you have posted content, please refrain from re-posting said content within this community.
-Do not spam posts with intent to harass, annoy, bully, advertise, scam or harm this community.
-No posting Scams/Advertisements/Phishing Links/IP Grabbers
-No Bots, Bots will be banned from the community.
...
4. No Porn/Explicit
Content
-Do not post explicit content. Lemmy.World is not the instance for NSFW content.
-Do not post Gore or Shock Content.
...
5. No Enciting Harassment,
Brigading, Doxxing or Witch Hunts
-Do not Brigade other Communities
-No calls to action against other communities/users within Lemmy or outside of Lemmy.
-No Witch Hunts against users/communities.
-No content that harasses members within or outside of the community.
...
6. NSFW should be behind NSFW tags.
-Content that is NSFW should be behind NSFW tags.
-Content that might be distressing should be kept behind NSFW tags.
...
If you see content that is a breach of the rules, please flag and report the comment and a moderator will take action where they can.
Also check out:
Partnered Communities:
1.Memes
10.LinuxMemes (Linux themed memes)
Reach out to
All communities included on the sidebar are to be made in compliance with the instance rules. Striker
