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...
Year: 2015
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,...
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...
Estate planning is a multi-faceted process
People in Texas may assume that only those who are extremely wealthy really need estate plans. After all, a person who is single can have assets totaling more than $5 million before concern exists about paying federal estate taxes. However, estate planning is not just...
Estate planning essential for married couples with kids
Creating a will may not be the most joyous of activities, but it is an important one for individuals who wish to protect their assets in Texas. Estate planning is of particular importance for married couples. A few tips may help married individuals to navigate the...
Estate planning helps to protect one’s assets and wishes
People in Texas may naturally assume that estate plans are only relevant for those who are older. However, an estate plan is critical at any age. Estate planning is also important no matter one's income level for protecting one's assets and wishes in a variety of...
Trusts may help to protect one’s wishes regarding assets
One concern of many Texas residents is how their values can be passed on to their kids and grandkids after their death. Likewise, individuals may be concerned about being able to pass their assets on to their loved ones. Trusts are helpful vehicles for...
Estate planning may be complex for those married more than once
Estate planning can be a complicated process both financially and emotionally, as people often like to avoid talking about the possibility of death. However, the estate planning process can be even more involved for those who have been married more than once. People...
Estate planning important even for those lacking children
Coming up with an estate plan is a process that ideally begins earlier than many people in Texas may think. Some individuals believe that since they do not have any obvious heirs, such as kids, they do not necessarily need to complete estate planning. However,...
Identifying beneficiaries often overlooked during estate planning
People in Texas sometimes avoid estate planning because they prefer not to bring up the topic of death. Still, an estate plan plays an essential role in the distribution of a person's assets in the event of his or her passing. Identifying beneficiaries is a critical...