this post was submitted on 20 Oct 2023
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[–] cheery_coffee@lemmy.ca 30 points 1 year ago* (last edited 1 year ago) (1 children)

I don’t really hope his grandchildren inherit his debt, that’s not fair to them. I don’t know anything about them.

I’m sure they’ll look at how he could have left them enough to live a life of utter luxury beyond the imagination of 90% of people and instead lost it all on this.

[–] Encromion 24 points 1 year ago (1 children)

That's not how it works in America FYI. Children can't inherit parent's debt. They can have inheritances taken away and they can assume debt, but it doesn't automatically go to them.

[–] HubertManne@kbin.social 1 points 1 year ago

yeah the estate is responsible for debt but it stops there.