When named as executor of an estate, the executor has a number of responsibilities to care for that estate and make sure it is divided to the heirs. One such responsibility is to pay the taxes on the estate before the distributions even begin. As an executor, you are...
It is important to have a clear understanding of the guardianship litigation process before making the decision to move forward with pursuing guardianship of a family member or a loved one. In Texas, guardianship is a relationship that has been legally established by...
Trust litigation is an often confusing and difficult field of law to understand. In order to better grasp the application of trust litigation, the example of Texas veteran Lee Roy “Cowboy” Hoskins Sr. (1922-1985) is helpful to examine. When he passed, Cowboy left two...
I am frequently asked the question, “Do I need a Will, or do I need a trust?” This question reflects the recent trend in some states to have people create a trust during their lifetime and then use that trust to dispose of assets upon death. In essence, the trust...
No matter the extent of your assets, having a comprehensive estate plan in place is of paramount importance. Many people are familiar with the role a last will and testament may play in an estate plan. However, living trusts are much less well-known. The two umbrellas...
It is important to have a clear understanding of the guardianship litigation process as a whole before making the decision to move forward with pursuing guardianship of a family member of a loved one. In Texas, guardianship is a relationship that has been legally...
When it comes to estate planning, a will is only the beginning. Many people should also consider implementing a trust, which can safeguard your assets and ensure your final wishes are carried out after you are gone. As explained by CNN Money, there are many trusts to...
The last thing anyone will want to happen after they have departed this world is to have children, grandchildren, and other family members involved in arguments and lawsuits because someone is not happy with the outcome of your will and estate. When money, assets, and...
If the thought of long, drawn-out probate litigation is keeping you up at night, it may be time to consider Mediation as a solution. Mediation is a form of Alternative Dispute Resolution, which is completely voluntary and doesn’t require a court order. In mediation,...
Becoming the executor or administrator of a decedent's estate in Texas is a big responsibility. According to the American Bar Association, you have to handle debts and expenses, manage estate assets and fund bequests to named beneficiaries. Once these tasks are...