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Spears vs. Spears: New Paths for Trust Creditor’s Claims
Traditionally, creditors had to open a probate, serve a creditor’s claim, and then pursue a lawsuit against the Estate to obtain a judgment which could ultimately reach trust assets. After Spears vs. Spears, new options for creditors are available.
Topics - The Traditional Creditor’s Claim Process for Estates and Trusts - Statutes of Limitations Applying to Claims Against Decedents - Dobler I and Dobler II Cases Set the General Framework Spears v. Spears: New Avenues to Make Claims Against Trusts Tips and Takeaways