Who Pays for the Costs of Probate and Estate Administration? By: Barry E. Haimo, Esq. November 15, 2021 [BEGIN TRANSCRIPTION] BARRY HAIMO: The costs associated with probate administration are paid by the estate itself, that includes payments for personal...
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...
Understanding Transfer of Property by Operation of Law By: Barry E. Haimo, Esq. August 9, 2021 Transcript BARRY E. HAIMO, ESQ.: There are a variety of different types of ownership that will transfer by operation of law: most notably, tenants by the entirety and joint...
Who Are the Parties Involved in the Probate or Administration Process? By: Barry E. Haimo, Esq. April 5, 2021 Transcript BARRY E. HAIMO, ESQ.: If an estate is going to go through probate proceedings, some of the parties involved will be the personal representative of...
What Happens If I Owe Money to Someone Who Died? Do I Have to Pay? By: Barry E. Haimo, Esq. March 4, 2021 [BEGIN TRANSCRIPTION] HAIMO: When a person dies, anyone who owes them money will be referred to as a creditor of the estate. So yes, you will still owe not them...
By: Barry E. Haimo, Esq. May 19, 2015 How Does Property Transfer After Death? [BEGIN TRANSCRIPTION] HAIMO: At your point of death, your property will be pooled together and called your probate estate. Through the probate proceedings, your property will be devised to...
