How to Handle Creditor Claims and Debts When Administering a Tennessee Estate
Live Webinar: Tuesday, October 31, 2018
10:00 a.m. to 11:00 a.m. Central / 11:00 a.m. to 12:00 p.m. Eastern
WEBINAR SNAPSHOT: If a client passes away and you handle the estate, are you confident in knowing which credits to pay at the correct times? Join this webinar to learn about handling these sensitive estate issues in Tennessee.
If you're tasked with administering an estate, are you completely confident that you'll pay the right creditors, at the right time? Who gets paid first? What are your notice requirements? What must you demand of those who are demanding payment?
These days, many Tennesseans die owing money – sometimes lots of it. It's the responsibility of the administrator or executor to locate the debts and see that the debts are paid.
What assets are sold first and what to do if the decedent’s assets don’t cover the debts becomes more challenging when the decedent owns more than just bank accounts, personal property, and real estate.
Attend this webinar on the debt-management rights and responsibilities of the Tennessee attorney charged with administering an estate. In just one hour, you'll learn how to:
- Understand the basics of the claims process
- Identify possible creditors and give actual notice
- Creditor priorities and claims you should reject
- Insufficient assets and abatement
- Other problem issues with assets
- Real property and claims
About Your Presenter
Grayson Smith Cannon is an attorney in the Gallatin firm of Phillips & Ingrum, where her main areas of practice are Social Security, domestic relations law, family law, and probate. She has previously lectured on Social Security disability matters for the National Business Institute. Ms. Cannon also has lectured before attorneys and the public on Social Security issues, wills and estates, and probate. She is a member of the National Organization of Social Security Claimants' Representatives, the Lawyers Association for Women, and the Tennessee and Nashville bar associations. Ms. Cannon earned her B.A. degree from Rhodes College and her J.D. degree from the Nashville School of Law.