What happens to my dad's debt when he dies?

Plus, the best bed sheets, budgeting questions, shopping fails & more [The Penny Hoarder] DAILY DAILY December 9, 2021 Hey Penny Hoarders, Today, we’re untucking all you need to know about choosing the right bed sheets, no matter your budget. Plus, see what happens if your parents pass away with a massive amount of debt. [Budgeting]( [8 Budgeting Questions to Keep Your Spending in Check]( A successful budget can’t be carbon-copied every month. As your needs fluctuate, so should your spending. To ensure your plan is always maximized, ask yourself these eight questions at each month’s end. [LEARN MORE]( [Dear Penny: Who Pays for Dad’s Massive Debt When He Dies?]( Our dad has a massive spending habit. His will says that my sister and I will inherit his house. We’re supposed to sell it and pay off his sizable debts. Are we responsible for debt that isn’t covered by the sale? In Case You Missed It Check out some of our recent top stories! [10 Embarrassing Online Shopping Fails to Avoid This Holiday Season]( [40 Cheap Gifts Under $10 That You Won’t Be Embarrassed to Give]( [Save Money]( [Not the Right Gift? These 20 Stores Have Extended Return Policies]( by Cassidy Alexander [Ultimate Guide to Finding the Best Bed Sheets]( Never underestimate how much bed sheets can affect your sleep. But, like most things, the cost of these linens are wide-ranging based on factors like thread count, material and weave pattern. Whatever your budget and preference, we have you covered. [What Are Your Charitable Habits?]( There’s nothing quite like that warm and fuzzy feeling you get when you’re able to donate (time, money, belongings, etc.) to a meaningful charity. We’re curious: When do you donate and what causes do you support? Join the discussion in Community! SPONSORED Today's Quick Picks - [The Cost of Living Keeps Rising — How Are We Supposed to Live? 6 Tips to Get Ahead]( - [If Your Credit Score Is Under 700, Make These 6 Moves ASAP]( - [Are You Disappointed by Your Finances? Pursue Happiness With These 7 Steps]( - Financial Rules That Are Destroying Your Mental Health (And When It’s OK to Break Them)]( - [Take This Challenge if You Have $5K or More in Credit Card Debt]( Follow us on: [Facebook]( [Instagram]( [Twitter]( [Pinterest]( [YouTube]( [SHARE WITH A FRIEND](mailto:?subject=Check out this newsletter from The Penny Hoarder&body=Hey!%0D%0A%0D%0AI've been reading The Penny Hoarder newsletters and thought you'd be interested too.%0D%0A%0D%0AI get smart tips and strategies for making and managing money delivered straight to my inbox. Let The Penny Hoarder help you re-prioritize and improve your finances. Click here to see the newsletter I just read!%0D%0A%0D%0Ahttps%3A%2F%2Flinks.thepennyhoarder.com%2Fe%2Fevib%3F_t%3D23a8fe520b1043d0ac0c91a3ebd443bb%26amp%3B_m%3D75755239329b4dbb8876fe8578fb1628%26amp%3B_e%3DyfY50_lp90l9-Imw3a7TFy0oc1JZh_slAjVgltfX0Z7UEUxbYJXh3iuqsMAbABGqNwv3cjW5uIMj5hosqSLdOm7GwMx7I5WvpNIWeneNqDL00hyhbotO8Q6mJ6KYLjHI%0D%0A%0D%0A%0D%0AIf you like what you see, sign up using the link below.%0D%0A%0D%0A [Image] The Penny Hoarder | 490 1st Ave S, Suite 800 | Saint Petersburg, Florida 33701 | United States [Update mailing preferences](. If you no longer wish to receive emails, [unsubscribe here](. Questions? View our [Privacy Policy](. [View this message in browser](.