Transcript
[An angry kid sits at his desk in school complaining]
Kid: Ugh why don’t you teach us about things we’ll actually need to know as adults?!
[An unamused teacher]
Teacher: Ok, I’m going to teach you how to do your taxes while also dealing the death of a loved one
[The teacher, wearing the same expression, holds a knife in one hand, and a hamster in the other]
Teacher: Please itemize your deductions while I deal with Mister Hamps, the class pet
[A class of shocked and crying kids look on in horror while trying to simultaneously do their taxes. The cries of the hamster off screen are cut off abruptly]
Hamster: SQWEEE- -


As I understand it, even in third world shitholes like the US, debt itself doesn’t transfer… but you do have to deduct debt from inheritance before you get anything.
Pretty sure it depends on the state. In NY, my mom’s credit card debt disappeared when she died. I do not think that’s the same in other states. I assume it usually transfers to the spouse.
In which state can you inherit debt?
Spousal debt: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin.
Other debts: About 30 states have archaic, rarely enforced laws that can make adult children legally responsible for their parents’ unpaid necessities, like medical or nursing home bills.
IANAL and this is a summary from Google, so I cannot vouch for the accuracy of any of it. I can just tell you that in my experience, NY does not pass on debt to spouses.
What about grandmother’s debt like we were discussing?
Spouses yes, but only because things are generally in both names. Children no. They’ll try to lie and say it is, but it’s not.
Again, I think it depends on the state.
There are 30 states with laws regarding passing on debts to children, so not sure why I’m being downvoted.
I’ve not lived in many states, but when my dad died in Maryland, there was a period during which creditors had the opportunity to collect from his estate, then any debts were considered forfeit.
edit: Correct a word.
Depends on the debt, too. The feds changed things a few years ago so federal student loan debt can’t be discharged in death.