Each state has different laws surrounding wills and probate, so you need to check Texas law to ensure you do everything you need to do as an executor. Before you finalize the estate, you need to handle all tax and debt issues. Estate and income tax returns Based on...
Some Texas veterans feel deflated over not getting the Veterans Administration disability claims to which they are entitled, or they've been discouraged after hearing stories from friends who filed and were denied. It's important to note that VA disability claims have...
Generally speaking, people look forward to inheriting money, real estate or other assets from their parents or grandparents. However, there are scenarios in which it may make more sense to decline the opportunity to receive ownership of a bank account, brokerage...
Are you planning to divorce your spouse? You may be wondering what to do about the business you own in Killeen, Texas. This is one of the chief assets that you can lay claim to during the property division process. You will need to consult with a lawyer in order to...
Tax season for most Texas residents offers an excellent time for everyone to also review their estate plans, and senior citizens are no different. In fact, it is probably more important for elders than anyone else. Knowing what would happen to personal assets in the...
Over the past few years, more and more people in Texas have become comfortable with the idea of hopping into a stranger's car in order to receive better service at a lower price than traditional taxi cabs. However, rideshare services also come with the risk of getting...
Estate planning may involve deliberately thinking about what particular assets go to certain beneficiaries. Haphazard planning could lead to ill feelings among heirs, which might be something a will's testator wishes to avoid. A family's Texas home might be the most...
Residents of Texas may want to learn more about why an accident with a commercial truck may be the most devastating emotionally, physically and financially. This is due to how a large truck operates. Size matters According to the National Law Review, most passenger...
While on the road, you have likely seen many truck drivers. These drivers have professional obligations to meet, and they spend much of their lives on the road trying to get from one destination to the next. Some people may think that truckers have it easy just...
As a prudent and sound-thinking Texas resident, you're into averting and not promoting disasters, right? We know that readers of our estate planning blog posts at the established central Texas law firm of Michalk, Beatty & Alcozer in Killeen peruse our entries for...
