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What happens to debt when someone dies?

By James Malm, Associate Professor of Finance and Director of the Global Business Resource Center, College of Charleston

Curious Kids is a series for children of all ages. If you have a question you’d like an expert to answer, send it to CuriousKidsUS@theconversation.com.

What happens to debt when someone dies? – Lucy, age 17, Cincinnati, Ohio

Imagine everyone has a large piggy bank that represents everything they own. Inside it are items such as cash in a bank account, a…

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