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Myth or Fact? "When I die, my debt will die with me!"

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Posted on: October 9th, 2023

Myth or Fact?

"When I die, my debt will die with me!"

MYTH 💙

The debt that you have when you pass away will be settled from your Estate. Once the debts have been settled, the remaining assets will be distributed to your beneficiaries.

If your debts are equal to or more than your estate this will mean your beneficiaries may not inheret anything at all.

October is Wills month, so follow along to see all of the information we will be sharing on Wills and Probates.

Choose the one you know, Atha & Co 🤝🏽

Written by: Atha & Co

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