More and more individuals are avoiding probate by using revocable trusts, payable on death designations and joint tenancy. The end result is that when a person dies, their money quickly disappears leaving the creditors of the deceased with nothing but an account due and owing. However, there are ways to recover from those who received [...]
Collecting a Debt from a Deceased: What Happens to A Person’s Debt When He Dies?
The death of a friend or working acquaintance is always a traumatic experience. However, if you are owed money, along with the sympathy card, send a written request for payment of any debts. Address that request to the personal representative of [...]
Douglas A. Turner, Esq., the founder of our firm, is a Colorado-based attorney with over 15 years of experience in estate planning, probate, asset protection, family wealth preservation, Colorado real estate, company formation, and business law. To learn more, contact us at 800-850-0607. • Meet Our Team •