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What happens to your school loans when you die?

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Wiki User
2009-11-19 19:38:19
2009-11-19 19:38:19

Generally, when you die your estate (assets, property, money) pays your debts first and what's left goes to your heirs.

Your heirs don't inherit your debts but they don't get what's left of your estate till the debts are paid.

If there is nothing left after the debts are paid, they get nothing, or if there is not enough to pay the debts then the balance of the debts die with you.

If you have significant assests you might want to consult a qualified estate planner.

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