Addressing a Loved One’s Debts After They’ve Passed

Addressing a Loved One’s Debts After They’ve Passed

Debt is a growing reality in the United States, with many Americans expected to pass away while still owing money. Unfortunately, a loved one’s debts don’t simply vanish. While some, like federal student loans, may be forgiven, others—including private loans and cosigned accounts—remain. Common debt includes: Debt is a reality many families must confront in…

How to Prepare Your Digital Assets Before You Die—and Even Leave Behind an AI Clone

How to Prepare Your Digital Assets Before You Die—and Even Leave Behind an AI Clone

By Kianna C. Parviz, Esq. With advances in technology over the last few decades, many of us have acquired significant digital assets, so it is important to consider how you want such assets handled upon death. Digital assets can include cryptocurrencies, blog or website content, social media content, pictures and document storage, music, etc. There…

Heartbroken & Broke: The Devastation of Online Scams on Seniors

Heartbroken & Broke: The Devastation of Online Scams on Seniors

The Wall Street Journal (Feliz Solomon) 06.02.24, published an article titled “She Hooked Me: How an Online Scam Cost a Senior Citizen His Life’s Savings.” It’s the true story of a man who fell victim to online seduction and paid a significant price. We want to think that such online scams are few and far…

Collecting Debts on Behalf of Your Deceased Loved One Q&As

Collecting Debts on Behalf of Your Deceased Loved One Q&As

It’s common to partake in financial transactions that lead to owed money. For example, many people lend funds or lease property. However, the situation takes a unique turn when the individual entitled to receive this money passes away. The question that arises is whether someone else can step in to claim these outstanding debts. Here…