All you do is drop the money on the ground when you die, instead of it being lost to the servers.

No experience is lost, but if they camp your corpse, they can make you lose items by making you have more than 16 corpses. The way DII corpse regeneration works is that you only get 16 corpses until they start replacing corpses, and they ony replace the ones that are worth the most value in money, not in actual use.

For example, a corpses with Hoto and Enigma would not be replaced over something that would have magic items on it and could be sold for 35k.

If you are player killed, just leave. Don't go back to leave a second corpse.

This is a particular concern in Hardcore mode.