When someone passes away leaving debts behind, you might be wondering if you have any personal liability to pay them. If you have aging parents, for instance, you may be worried about having to assume ...

What comes to mind when you think of the word “inheritance”? Most people may imagine receiving a financial windfall or property that has been in their family for generations. Jason Gray, attorney and ...

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 ...

When a parent passes away, the last thing on your mind might be their debt. However, in most cases, you don't have to worry about inheriting their debt. When a person dies, their debts are generally ...

Two of the toughest topics to discuss with loved ones are death and money. A new survey shows just how far we’ll go to avoid talking about these uncomfortable issues, and the consequences that can ...

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June’s parents are struggling financially, and she’s not sure how to help. Both are in their 80s, living on Social Security benefits. They don’t have retirement savings, and their assets are slim.