Do Beneficiaries Have to Pay Creditors Out of Their Own Pocket If the State Is Involved? By: Barry E. Haimo, Esq. November 8, 2021 [BEGIN TRANSCRIPTION] BARRY HAIMO: Generally, in probate proceedings, the assets from an estate are pooled together and creditors are...
How to Handle Unexpected Debts on an Estate By: Barry E. Haimo, Esq. October 28, 2021 Taking the time to plan your estate is a critical step in ensuring your legacy and assets are protected after you are gone. But what if you have outstanding debts after you pass that...
Probate – Notice to Creditors – Part 2 By: Barry E. Haimo, Esq. March 12, 2014 Please read Notice to Creditors – Part 1 first if you have not already done so. You hopefully learned from prior posts that Probate is definitely something worth...
Probate – Notice to Creditors – Part 1 By: Barry E. Haimo, Esq. March 3, 2014 Probate (also referred to as “estate administration”) is something you generally want to avoid. However, there are circumstances where probate does offer some...
Elder Scams – The Obituary Debt Barry E. Haimo, Esq. June 11, 2015 Financial scams that target elderly Americans have become alarmingly prevalent in recent years. It is estimated that billions of dollars are lost by our country’s elderly every year, and there...