Will your debt survive your death, only to plague your loved ones? Usually, the answer is no. Unless you have a co-signatory on a loan or another type of shared debt, your debts will probably die with you – even though unscrupulous debt collectors may try to tap your heirs for payment.
We came across this interesting infographic today that explains what can happen to your debt after you die:
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Help is available to you by contacting your Southern California financial planning experts today.