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December 2015 Archives

Heirship determination needed if no beneficiaries named

If a family member in Texas passes away with no will or leaves behind an asset not covered in a will, this can pose a challenge for the surviving family members. Assets that might not have been covered in a will include property that was acquired following the creation of the will, or property that was intended for beneficiaries who have died. In this situation, the family members who are left behind may need to complete a process known as heirship determination.

Dependent administration probate process offers benefits

Being confronted with the death of a beloved family member is naturally difficult. Unfortunately, having to deal with the probate process can sometimes make matters even more challenging for Texas residents. This is because the probate process can be complex and can, thus, seem overwhelming. Fortunately, by understanding the different types of probate, you can choose the type that best fits your family's needs.

Lack of estate planning can cost loved ones

Research shows that 40 percent of people in the Baby Boomer generation have not yet created wills. When considering all of the Americans who are older than 34, this figure jumps to a whopping 71 percent. A lot of people blame a lack of incentive or even procrastination for this; unfortunately, failure to engage in estate planning in Texas may end up seriously costing one's surviving family members.

One probate process option is independent administration

Losing a loved one in Texas is one of the most difficult experiences a person may have in life, both from an emotional and a legal standpoint. The legal probate process is complicated and thus can be overwhelming for a person who is the administrator of an estate or the executor of a will. However, an attorney can help you to efficiently navigate the process.