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RE: [RC] Quote - Rae Callaway

Ah. Well, that's good to know.

Rae


-----Original Message-----
From: ridecamp-owner@xxxxxxxxxxxxxxxxx
[mailto:ridecamp-owner@xxxxxxxxxxxxxxxxx] On Behalf Of k s swigart
Sent: Monday, June 16, 2008 3:42 PM
To: Ridecamp
Subject: [RC] Quote

Rae Calloway said:


She wants to stick it to her family, then?


about


A friend I was riding with the other day said she
intends to have the last check she ever writes bounce.


But no, writing a bad check doesn't stick it to your family.  You cannot
inherit debt unless you were also a party to it before the debtor died.

Settling outstanding debt can come out of your estate (so your family or
whoever you leave it to will get less from you when you die), but if
your estate is less than zero you cannot "stick it to" whoever you
mention in your will.

kat
Orange County, Calif.
:)





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Ridecamp is a service of Endurance Net, http://www.endurance.net.
Information, Policy, Disclaimer: http://www.endurance.net/Ridecamp
Subscribe/Unsubscribe http://www.endurance.net/ridecamp/logon.asp

Ride Long and Ride Safe!!

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Replies
[RC] Quote, k s swigart