Posted on 01/04/2008 4:52:37 PM PST by RDTF
It is no worse than the death tax or having to pay income tax for the year the breadwinner dies.
And yes, not all contracts are equal.
But...
Just because someone dies doesn’t mean it terminates all contracts they’ve entered into. That’s why we have the probate process where everything is settled after the person died.
For a person to simply say that once a person dies contracts should be void is just plain foolish and not factual.
Take a breath...
I’m not defending the company. Never did. I told you specifically what I was responding to.
Contracts are not void the moment you die. The remaining estate has obligations that must be fulfilled and will be through the probate process. My response was directed to your statement that contracts should be void upon a persons death. My response is that is wrong - on many fronts.
That would be due to their policy of hiring folks who fail to capitalize.
This practice causes them to routinely wind up with a lower class of people.
And this is another reason why one should make/procure multiple copies of the death certificate when a loved one dies. It is standard procedure.
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