In Texas and across the country, estate administration can be challenging when a wealthy person dies. In those instances where the deceased is a celebrity, opportunities may exist for the estate to earn substantial income from the sale of products related to the...
Month: February 2012
Estate plan important for disposition of land
Real property purchased by a party during their lifetime often becomes a part of their estate after they pass away. An estate plan created while the person is alive can direct the actions that an estate, through an executor, will take after the person dies. The...
As land values rise, estate planning is essential for farmers
The family farm has long been held as an ideal in the United States. Many states, including Texas, have a large number of family farms and farmers, and estate planning is often an important thing for them to take under consideration. This may be particularly true as...
The importance of appointing a trustworthy executor
An executor of an estate has many responsibilities. Not only must they administer the estate of the deceased person, but they also must meet important fiduciary duties. These duties can include, among others, providing an accounting of the assets and debts of the...