What Happens to Credit Card Debt At Death?

Every Friday, I answer a reader's question.  If you have a question, you can contact me. I received the following question via email: …questions about family members, their debt and what happens to that debt if they die.  In the US, if parents die with a lot of debt (credit cards etc...) what happens to it?  Are we as the kids going to be responsible for that?  Any insight on this?  First, … [Read more...]