APAD: Death pays all debts

移花接木
楼主 (文学城)
Death pays all debts:  Death absolves one from any financial or moral obligation they may have had in life. It implies that when a person dies, all their debts are considered paid, and they are no longer accountable for them.

When someone dies, their debts are generally paid out of the money or property left in the estate. If the estate can’t pay it and there’s no one who shared responsibility for the debt, it may go unpaid. For survivors of deceased loved ones, including spouses,  there is no responsibility for their debts unless there is shared legal responsibility.

I saw, here, some elderly people would stop paying their property taxes for better life quality during their last years of independency.  The government would retrive the debt through acquiring the properties after their death or losing self-care abilities. In the mainstream of all culcures, the current generation would not purposely exhaust its property in lifetime but to accumulate as much to the next ones.  

 

最西边的岛上
ManyWish 2SpendAll bf death, but noOneKnows when it'll come
移花接木
我们全家聊天时,我妹妹开玩笑:谁还能死个可丁可卯的? 我看如果留不下什么还不如揩政府点油再走

最西边的岛上
敢揩政府的油?胆大包天 ;-)but that's likely return of what takenAway bf
最西边的岛上
so her joke has my backing (joking;-))
7
7grizzly
On the other hand: 父债子偿,租住连坐:-)
7
7grizzly
错了。是“族诛连坐”。
最西边的岛上
诶,不是“诛灭九族”吗? ;-))
7
7grizzly
那是犯大事儿了。
妖妖灵
So,no need to worry about debts~:)
妖妖灵
But those who stop paying property taxes would leave
妖妖灵
no property to their spouses and kids even though they
妖妖灵
have paid 80% of the mortgages :)
移花接木
Pay off the liens and they're still eligible to inherit
移花接木
Yes, in China
7
7grizzly
但血浓于水中外通用。中国还曾有世袭,接班一说。