The student loan debt is unfortunate...most of it belongs to my wife...my student loans account for about $12,000, and hers are the remainder.

Most of the time private money is 7 to 10 % Term can be 2 to 5 years But it can be long term as 15 years if you both agree.

The money belongs to the estate.B.

But what I'm really trying to find out is if an executor or admin. of an estate are personally liable if debts belonging to an estate go unpaid.

Most of their training is using trusts for estate planning.I belong to an informal CA trust study group/mastermind & I supplement that with what I learn from others such as Ward Hanigan who lives & invests in CA.Be very careful trying to apply other states practices in different states.

A bar patron buys a drink from the bar.

This is the only thing that makes sense for me in retirement, I want to be sitting on a beach sipping drinks with umbrellas in them while money arrives every month.

It wasn't our money, it belonged to the tenant.

Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.

There's a LOT to be considered, like drinking from a fire hose, as it differs a ton from long term rentals, but where's there's pain, there is indeed money.