If you've been appointed to help settle an estate in Texas as an executor, understanding the probate process can be helpful. Armed with information on what to expect should make it easier and more efficient to handle. However, if you and your siblings are...
You've likely heard that you have to have a will to ensure your assets are protected when you pass away. If you pass away without a will, you won't have any control over the assets you leave behind. Preparing your will can be an emotional task. However, if you die...
If you are creating an estate plan in Texas, you might be wondering about the scope of an executor's duties and who you should appoint in your will. Most adults need a will even if they have few assets, and it is the job of the executor to administer the estate....
People starting a marriage or retirement need to plan for the future in Killeen, Texas. Estate planning helps families plan their future goals. It takes eight steps to open a probate estate with the correct state court. People can skip some steps without a will. Wills...
It's understandable for people to avoid estate planning or thinking about what will happen after they die. However, writing your will is a crucial part of taking care of your family before your death. Writing a will ensures that all of your belongings will go to your...
The assets you own deserve to be used how you hope when you die. However, estate owners might find it a challenge to protect their assets without a trust. A will provides direction regarding the use of your belongings, but it can be contested during probate once you...
Inheritance laws in Texas are generally less complicated than in other states since Texas does not impose any inheritance or estate tax. Estates with a will that are valued at less than $75,000 do not have to go through the court system and only require one simple...
A last will and testament stands as a critical document in estate planning. When a testator passes away, their will reflects decisions they made while alive regarding who receives what assets, among other directives. Often, carrying out the directions presented in the...
Drawing an estate plan allows a testator to write a will that distributes assets in an intended manner. Other estate planning documents, such as a financial power of attorney or a health care proxy, serve other important purposes. Unfortunately, fraud may rear its...
Filing for divorce late in life can present problems that younger Texas couples do not usually have. Individuals in the mid-life stages have often acquired significant wealth that must be not only protected during life but also properly allocated after death. Many...
