Can someone please explain exactly who debt works in relationto death? I understand it means you owe money, but if my parents die owing a bunch of money and leave stuff to me, do I inherit their debt as well? Do I have to pay their medical bills?
In: 50
normal procedure is that anyone who your parents owe money too need to settle that with your parents estate (which is a fancy name for “all thier belongings”), and then whatever is left is passed on too you.
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