10/27/2014 11:50 am ET Updated Dec 06, 2017

Will My Children Inherit My Bills? From Suze Orman (VIDEO)

If you die before you're able to pay all of your debts off, will your children inherit your bills? According to personal finance expert Suze Orman, as long as these bills and debts are in your name, your children will not be held responsible for them. However, the creditors, who you owe money to, have the right to come after your estate. If you have no money in your estate, creditors can't take anything from your children in order to make up for it.

For more advice on managing your money, see Suze's personal finance tips:

Suze Orman's Financial Advice

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