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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? | 5 Comments »
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