You probably don’t enjoy talking about death unless you’re a member of the Addams family. But have actually you ever seriously considered what happens to debt whenever you die? Do your pupil loans survive? Think about your personal credit card debt?
The typical American has about $29,800 in individual debt, excluding home financing. 1 And with you, it’s possible your family could inherit your debt while you might think all your financial problems will die. Speak about unfinished company!
Don’t allow your financial troubles return to haunt those you like. By firmly taking control of your hard earned money now, you can easily feel confident you can be proud of that you’re leaving behind a legacy.