What happens to credit card debt when you die?

There is a well known saying and it goes like this. There are only two things in life you can’t avoid: death and tax. Some would point to companies like Google and argue that tax can be avoided, but death? There’s no avoiding that one.

You may think that your estate planning is in place with a funeral plan or a Will to help your family better manage your affairs when you’re gone, but did you remember to plan ahead when it comes to your credit card debts? It isn’t uncommon for us to spend several thousand dollars per month, especially if you are playing the rewards points game. Do you want to bequeath your family and loved ones with a financial headache when you’re gone?

Death and Credit Card Debt

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