All taxation is theft.
Inheritance/estate tax is one of the more ethical ones, though.
Comment on Grandma is on her own
Pacattack57@lemmy.world 1 day agoThat is arguing semantics. When people inherit things it is their understanding that it is theirs. If my grandma left me the house but owed 1 million in unpaid debt, you effectively inherit the debt. Regardless of the fact that you could opt out of inheriting it.
People often go into personal debt to retain inheritance.
On a separate note inheritance/estate tax is robbery by the federal government.
All taxation is theft.
Inheritance/estate tax is one of the more ethical ones, though.
deranger@sh.itjust.works 1 day ago
That is incorrect. If your grandmother left you the house, as in she put your name on the deed as transfer on death, it is not part of the estate and you would get it outright. It would not be affected by the debt. It is not part of the estate.