This article from USA Today discusses how many Americans are not able to pay off their debts before they die, and how many don't seem to be too worried about it. The article has some really interesting statistics and even some helpful tips for seniors to help them avoid the situation. Click here to read it.
One of the points made in the article is that if the senior dies with debt, it eventually becomes the children's burden. The article is careful to point out that this does not mean that the children pay the debts; it means that the debts are paid from the senior's estate, leaving less for the children to inherit.
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