Savvy Senior: December 16, 2024

Dear Savvy Senior,

Can my kids inherit my debt after I die? I have taken on a lot of credit card debt over the past 10 years or so, and I’m worried that my son and daughter will get stuck with it when I die.

Indebted Senior

Dear Indebted,

In most cases when a person with debt dies, it’s their estate, not their kids, that is legally responsible. Here’s what you should know.

Debt After Death

When yo...