Estate planning is something that everyone can benefit from. A thorough estate plan can help ensure that your loved ones receive the assets you choose for them and much more. While proper estate planning can offer a strong safety net in your life, not everyone knows...
People accumulate property over the course of their lifetimes and when they die, they get to decide what happens to it. Typically, they use a last will and testament to let family members and the Texas probate court know who they would like to have their assets. In...
Your Texas estate plan isn't a fixed document that will remain valid for the next forty or fifty years. Rather, it's a fluid plan that should be reviewed and adjusted whenever you go through major life changes. If you keep your plan up-to-date throughout the rest of...
A huge portion of the real estate and wealth of this nation is owned by families living in the state of Texas. With proper planning, the older generation can keep the wealth here by passing it along to their surviving family members. If you’re looking to pass your...
After an individual dies and leaves a will behind, their family members may take action to contest the will. Reasons for litigation may vary, and Texas probate courts may find lawsuits contesting wills filling up annual dockets. Both sides of the litigation might be...
One of the advantages of a revocable living trust is that the creator can change it as needed. If you want to make a change to your revocable trust in Texas, you may do so with an amendment. Locating the trust You should keep the trust in a safe place, such as in your...
Many people assume that only the wealthy have estates worth planning for; perceptions of estates in Texas may evoke images of mansions resting beyond high stone walls. While that is one definition, an "estate" refers to any assets owned by someone. Questions about...
Wills are among the most basic legal and estate planning documents, and among the most important, but they don't cover everything. There are several types of assets and end-of-life wishes that are best set forth in other legal documents rather than a will. For people...
As part of a will, an individual can name the person who will represent his or her estate during a Texas probate proceeding. However, there is a chance that the executor will die before the person who created the will does. There is also a chance that the appointed...
If a person has assets to his or her name but no plan for passing those along to loved ones, it may be time to start thinking about estate planning. Even Texas residents who have wills already may not realize when it is time to make revisions. Though it is always a...
