shouldn’t his assets be sold to pay his debts?
You dont wipe them off your books because you die, and get to hand over everything to your family
You could get 20 credit cards and max them out withdrawing cash and buy a house, and then die and leave it to your parents? leaving 20 credit companies hold the bag?
Actually, the way bankruptcy laws are written I think you could. It seems like I’ve heard you can file for bankruptcy and they can’t take your primary residence from you. Of course, you might be arrested for fraud if they could prove it was your intent all along.