Turbulent financial conditions, increased use of non-probate transfers, and increased life expectancies/individuals outliving their resources have left many probate estates without resources to pay the creditors and administrative expenses of a decedent’s estate. This popular program will identify the key issues, traps for the unwary, and practical solutions for counsel to consider in these nuanced estates. The panel will also address the availability (or not) of a decedent’s non-probate property to pay creditors of an estate.
Recorded in June 2023.