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This Is What Happens to Your Debts After You Die

This Is What Happens to Your Debts After You Die

TIME - Aubrey Cohen / NerdWallet

When you die, any debts you leave behind could eat up assets that you had hoped to leave to heirs. In some cases, family members could even be on the hook for your debt. Many people buy life insurance not only to leave something behind for their loved ones but also to help deal with any debt and …

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