Quote:
Originally Posted by specialneedsmom
In some cases, you can inherit debt. For example, if you inherit your parents' home and they were behind on property taxes, you'd have to pay all those years of taxes on the house.
You can't inherit someone's student loan debts after they die, unless you co-signed on their loans.
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Yes but that is in the case of a net gain. If more is owned on the house than it's worth, there's no law saying you MUST take the house!
my point was that you're not going to inherit flat out debt. Geezus, if it were possible you'd have people close to death running up large debts and then putting their enemies in their will. LOL.