Posts Categorized: Deceased Person’s Debts

Trust Distribution Checklist

Oct 6, 2011 / By: Deborah Sexton, Estate Planning Attorney

Category: Advanced Estate Planning, Asset Protection, Deceased Person's Debts, Estate Planning, Federal Estate Tax, Gifting, Inheritance Planning, Legacy Planning, Online Accounts, Pay on Death, probate, Tangible Personal Property, Trust Funding, Trusts, Uncategorized

There are lots of ways you can have your trust distribute money to your beneficiaries. Here is a checklist of some of the jargon, considerations, and approaches involved in trust distribution. Too often people view...

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Annuity Contract – What Happens at the Death of the Owner?

Sep 19, 2011 / By: Deborah Sexton, Estate Planning Attorney

Category: Annuity Contract, Deceased Person's Debts, Elder Law, Estate Planning, Legacy Planning, Pay on Death

For any annuity contract issued after April 22, 1987, it must terminate upon the death of any owner and benefits will then be paid to the designated beneficiary.  The death of any owner will trigger...

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Responsibility for a Deceased Relative’s Debts

Jul 4, 2011 / By: Deborah Sexton, Estate Planning Attorney

Category: Deceased Person's Debts, probate

The loss of a loved one is tough to begin with, but if the loved one left debts behind, it can be even tougher. Family members generally should not have to pay for a decedent’s...

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