Creditor recovery is limited to estate assets. Once those assets are exhausted, liability does not automatically pass to another person's personal wealth.
This is a strong analogy for obligations limited to assets legally attributed to a separate entity.
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Limited Liability: Inheritance Under Debt, Historical Analogy and Practical Limits
Creditor recovery is limited to estate assets. Once those assets are exhausted, liability does not automatically pass to another person's personal wealth.
This is a strong analogy for obligations limited to assets legally attributed to a separate entity.