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...
Do Life Insurance and Retirement Benefits Need to Go Through My Estate? By: Barry E. Haimo, Esq. May 19, 2015 [VIDEO TRANSCRIPT] BARRY HAIMO: Generally, if structured properly, life insurance and qualified retirement accounts will not go through your estate,...
