den, ColdFusion Jedi Master for Hire
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"My ally is the Force, and a powerful ally it is." - Yoda
> -Original Message-
> From: Angel Stewart [mailto:[EMAIL PROTECTED]]
> Sent: Saturday, September 28, 2002 4:08 PM
> To: CF-
At 03:42 PM 9/28/02, Raymond wrote:
>Excuse the strang subject. ;)
>
>How does the law apply to cases where a parent dies with debt? A friend
>thinks the debt passes to the children. To me, this seems like hogwash.
>If I haven't seen my father for 50 years, why would I have to incur his
>debt if I
found this site. thought it might be useful for this discussion.
http://freeadvice.com/
> I believe that if the net worth of the estate is less than zero,
> the estate
> is declared bankrupt as if it were any living person -- except
> the dead guy
> doesn't keep his house in Florida :-).
>
I believe that if the net worth of the estate is less than zero, the estate
is declared bankrupt as if it were any living person -- except the dead guy
doesn't keep his house in Florida :-).
However, if (for example) your wife buys a Ferrari in her name and yours and
dies the next day, you are st
Oh...And if your father who you haven't seen for 50 years dies, and has
a 1 billion dollar estate...would you want that estate to be signed over
to you if you are his only living heir?
-Gel
-Original Message-
From: Raymond Camden [mailto:[EMAIL PROTECTED]]
Excuse the strang subject. ;
