Debt After Death

[tony wright]

Driving home tonight we got embroiled in a small discussion on above. Brother in Law said that if you were to die (Wife has already passed away) in debt and your remaining estate didn’t cover this, it would be passed on to your children. He was talking about mortgages, loans, taxes etc. I’d never heard of this but still said he was talking bks, am I wrong?

[tony wright]

My argument was, if the child hadn’t spoken to their Father for years due to a disagreement or other issue, but was the sole heir and said I want nothing to do with him or his money, how could they then hand him a debt he had nothing to do with. Looks like we may both have been talking bks