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It all Depends
Financial advisors know that many clients avoid thinking about what happens to their debt after they die. Understanding what type of debt you have is important because your debts may or may not pass on to other people after you die.
Talking to a financial planner or bankruptcy lawyer may help you prepare and avoid problems for what may happen to your debts after your death.
Assessment
Check out the above visual guide of What Happens to Your Debt after You Die.
Source: totalbankruptcy.com
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Filed under: Estate Planning, Financial Planning | Tagged: Debt after Death?, Just What Happens to Your Debt After You Die? |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
A Video On Digital Death
[What Happens Online When You Die]
What is the future of your digital self? You might not know what happens when you die but you can control what happens online!
You are filling the internet with status updates, image and video creating new digital dilemmas such as:
• Whether you want to live forever online?
• How to protect your privacy after death?
• How to maintain your digital legacy?
• Who to appoint as your digital executor?
• Whether You Would Want to Be Digitally Resurrected
Here is the Video Infographics
Link: http://www.infographicsarchive.com/new-infographic/digital-death-what-happens-online-when-you-die/
Ann Miller RN MHA
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Buried by a dead relative’s debt?
Even after death, debts need to be paid, and how that’s done can be a complicated affair, depending on the deceased’s estate.
http://money.msn.com/debt-management/buried-by-a-dead-relatives-debt-bankrate.aspx
And, with aging baby-boomers, this is a hot topic.
Carmine
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Living Debt
Debt levels remain high, which means many medical professionals and consumers need to reduce what they owe as a step toward improving their financial well-being.
These strategies can help.
http://money.msn.com/debt-management/escape-the-great-debt-trap-kiplinger.aspx
Ralph
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Do Docs Grieve When Their Patients Die?
In the medical profession, such grief is seldom discussed – except, perhaps, as an example of the sort of emotion that a skilled doctor avoids feeling.
But, in a new paper published in the Archives of Internal Medicine, researchers found that not only do doctors experience grief, but the professional taboo on the emotion also has negative consequences for the doctors themselves, as well as for the quality of care they provide.
Dr. Elaine
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Fraud, Debt Collection Abuse on Rise, While Alive
Besides a volatile U.S. economy and an unpredictable stock market, consumers now face an increasing number of other ways that they may be parted from their money, according to this new survey.
http://www.fa-mag.com/fa-news/11783–consumer-fraud-and-debt-collection-abuse-on-the-rise-survey-says-.html
James
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