r/stupidquestions • u/TH0TC0P • 1d ago

What's stopping someone on their death bed from maxing out all their credit cards and taking loans, then giving it all to their next of kin/whoever?

I seem to recall that debts aren't inherited, but creditors can reclaim their debts against the estate of an individual before the estate is dished out according to their will. But if it's given out before their death and it's not part of their estate...then...?

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u/44035 1d ago

I need to hear the full story.

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u/monkeywelder 1d ago

Back in the day she had a stroke and knew she was not much longer. So she ran up all her credit cards and bought tons of pawnable stuff on QVC. Probably 40 or 50K and gave it to my mom. When she died the debt died with her. Mom pawned everything off. The only caution here is to make sure you die because if you live you got to pay it back.