A Texas court ruling means the Infowars broadcaster must pay most of the $1.4 billion he owes Sandy Hook families, regardless of whether his business survives.
I don’t really hope his grandchildren inherit his debt, that’s not fair to them. I don’t know anything about them.
I’m sure they’ll look at how he could have left them enough to live a life of utter luxury beyond the imagination of 90% of people and instead lost it all on this.
That’s not how it works in America FYI. Children can’t inherit parent’s debt. They can have inheritances taken away and they can assume debt, but it doesn’t automatically go to them.
I don’t really hope his grandchildren inherit his debt, that’s not fair to them. I don’t know anything about them.
I’m sure they’ll look at how he could have left them enough to live a life of utter luxury beyond the imagination of 90% of people and instead lost it all on this.
That’s not how it works in America FYI. Children can’t inherit parent’s debt. They can have inheritances taken away and they can assume debt, but it doesn’t automatically go to them.
yeah the estate is responsible for debt but it stops there.