Administration of insolvent estates creates unique challenges and additional tasks for executors and adviser. How does your job change if the estate doesn't have enough assets to pay creditors and file taxes? This focused course gives you the specialized guidance you'll need to ensure each insolvent estate closes without disputes. Register today!
Clarify which assets are excluded from creditor claims.
Verify creditor claims and determine priority of payment.
Address the rights of surviving spouses in insolvent estates.
Prevent estate re-openings and disputes: identify and fix red flags and errors.
Is the Estate Truly Insolvent? Locating Assets and Verifying the Validity of Claims
Priority of Creditor Claims in Insolvent Estates
Assets Excluded From Creditors' Claims
Homestead and Spousal Rights
Petition for Discharge
Probate for Purposes Other Than Asset Distribution
Paul W Jones is a partner is in the law firm of Hale & Wood, PLLC, where he practices in the areas of tax, business, estate planning, wills, trust, probate, and real estate. He is admitted to practice before the Utah Supreme Court, Federal District Court of Utah, and the U.S. Tax Court. Mr. Jones is a member of the Utah State Bar. He is also a licensed certified public accountant. Mr. Jones earned his B.A. degree and his J.D. degree, with honors, from the University of Utah and his Masters degree from Weber State University.
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