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To: ping jockey

Debt cannot be transferred to other people after you die. When you die, your assets are used to satisfy your debts. If you have more debt than assets, then the debt disappears. You cannot make other people liable for someone else’s debt.


27 posted on 02/13/2018 7:41:14 AM PST by AppyPappy (Don't mistake your dorm political discussions with the desires of the nation)
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To: AppyPappy
Debt cannot be transferred to other people after you die... ...You cannot make other people liable for someone else’s debt.

Tell that to the IRS.

In the last decade or two there have been numerous reports of the IRS sizing assets for payment of parents' unpaid taxes that are 35 years old!

59 posted on 02/13/2018 11:14:44 AM PST by publius911 (Am I pissed? You have NO idea...)
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