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I (24f) am estranged with both of my parents. I am an only child with one, and the oldest kid for another. Both parents are in serious debt, one around the 25k-35k range and another is around the 50k range. Neither are very interested in paying off said debt. Also neither of them have saved a dime for retirement so just allocating what's left over wouldn't be an option. I do believe my mother has a life insurance policy of 15k but its not enough to cover her debt. I live in the USA and I really don't want to be the one to handle their money affairs after they pass. Is that possible? How should I go about this? Also, neither has passed yet, I just want to know what to do because that time is approaching for both due to medical reasons.



Submitted July 22, 2019 at 03:33PM by White_Rose_Pedals https://ift.tt/2O9V6CR

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