If you want to help your heirs avoid probate, you are far from unique. Many Americans go into estate planning with the main goal of keeping as much as possible away from the probate courts. Given that probate can take a very long time and be very expensive, it makes...
If your recently deceased loved one lacked an estate plan, you may find yourself in the throes of probate. Some or all of the estate's assets must go through the Texas-established process of dividing property. This might involve decisions that inheriting parties or...
The responsibilities of an estate administrator can involve some financial liability, and you could face some expensive consequences if you mismanage the estate during the probate process. According to MarketWatch, administering the estate correctly includes...
After your death, your estate usually has to go through probate. However, some of your assets may be non-probate assets. During the probate process, the executor of your estate generally has to collect all your assets and distribute them to the beneficiaries. Some of...
Often when it comes to probate, the most important asset is the old family home. It may be the home you grew up in, and it is sometimes likely that the children may not want to see that home sold. However, often that is a likely result of probate if the beneficiaries...
When a Texas estate must go through probate, the executor must initiate the process with the county court where the deceased person lived. Understanding the general steps involved in probate can help the administration of an estate go more smoothly. Review the...
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...
When planning your estate in Texas, you must have an understanding of the state's probate laws. These regulations determine how the court will treat your will after your death. Review the provisions about probating a will in Texas during your estate planning...
Has a family member of yours recently died in Texas? If so, his or her estate probably has to go through probate. This is a process by which the court authorizes the administration of your loved one's estate after formally recognizing his or her death. Your family...
The death of someone you love is always a difficult and painful time in your life. Through all of the other processes you have to go through, you also have to deal with the legal processes and procedures. Management of assets, such as properties and estate can always...