Can am canyon adventure trike

[PrivatePilot]

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The estate owes the debt. If there are assets in the estate, they pay the debt. If the estate doesn't have assets to cover the debt and you don't do something dumb like assuming it, the debt dies with the debtor.

Then the creditors don't get paid and the kids get nothing for an inheritance.

Debt dies with the deceased.

Sooooo.....give the kids whatever money you plan to give them when you die while you're still living, buy yacht and lamborghini and a bunch of other toys 100% on credit, spend everything else you've got left having a **** ton of fun with all of it for a few years while making absolute minimum payments on all the toys, go broke, skid sideways into subsidized nursing home and expire with a big **** eating grin on your face and having burdened nobody at the end.

It's just all in the timing. Do not attempt at 50 years of age. lol

 

[Lightcycle]

buy yacht and lamborghini and a bunch of other toys 100% on credit, spend everything else you've got left having a **** ton of fun with all of it for a few years while making absolute minimum payments on all the toys, go broke, skid sideways into subsidized nursing home and expire with a big **** eating grin on your face
[..]
It's just all in the timing. Do not attempt at 50 years of age. lol

People of all ages still do the above, regardless of whether they're dying within a year or they're more than 50 years away from their average life expectancy...

 

[PrivatePilot]

People of all ages still do the above, regardless of whether they're dying within a year or they're more than 50 years away from their average life expectancy...

Yes, fair. Come to think of it we had somebody like this on our street, bought the house and then had a couple of giant bro dozer pick up trucks in the garage, jet skis, boat, it looked like a Powersports centre sales lot for a while. Then all of a sudden things started to disappear, including them.

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