If a Person Has a Revocable Living Trust, What Happens When They Die? By: Barry E. Haimo, Esq. January 25, 2022 [BEGIN TRANSCRIPTION] HAIMO: If a person executes a revocable living trust and all of their property is in the name of the trust, then there is no need for...
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...
Does a Revocable Living Trust Protect My Property from Creditors? By: Barry E. Haimo, Esq. May 18, 2015 [BEGIN TRANSCRIPTION] BARRY HAIMO: No, a revocable living trust does not protect you from creditors. It will protect, upon your death, your beneficiaries’...
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