The New York Times recently ran an article about laws, primarily in India, but also applicable to other countries, where a spouse or children inherit debt when a loved one passes away. The point of the article was that such laws stifle economic growth and progress. A surviving spouse or children are saddled with debt over which they had no part in accruing and no control over repaying. Fortunately, there are no such laws in the state of Missouri, and to my knowledge, anywhere in the country. We are each responsible for our own actions. No heir or executor becomes liable for the debt of a deceased person. While it is important that we each remain liable and vigilant about our own obligations, we may inherit assets, but we will never inherit debts.