What Is A Will?
A will is a document whereby the testator can name beneficiaries to receive property upon their passing. It can also define other roles, such as the executor, who would be the person to wind up the estate. It could …
A will is a document whereby the testator can name beneficiaries to receive property upon their passing. It can also define other roles, such as the executor, who would be the person to wind up the estate. It could …
Necessary Parties Involved In Creating An Estate Plan
In regards to a will, you’ve got the person making the will, who is the testator, and the beneficiaries, who are going to benefit from that will. Oftentimes, we’ll include contingent trust …
Why Do People Avoid Or Delay Creating An Estate Plan?
No one wants to talk about death or incapacity. It’s not a fun subject to think about. We find that a
good number of people come to us because either they’re …
What Is Estate Planning?
An estate plan is a way of simplifying things in the event that you are incapacitated or you are deceased.
If you don’t have a plan, the state has a default plan for you. Of course, falling …
Texas is a “community property” state meaning that property is classified as either community property or separate property.
Property owned prior to a marriage is separate property while property acquired during the marriage is presumed to be community property. However, …
In Texas, if you receive Medicaid benefits, the State is required to try to recover those costs by filing a claim against the estate and a house can be used to satisfy that claim, with some exceptions. Medicaid has …
Maybe.
If your spouse had non-probate assets such as insurance or retirement benefits and you are the beneficiary, you typically get those assets paid out or transferred to you fairly quickly and simply. These typically do not need to go …
The 85th Legislature changed the Estates Code affecting powers of attorney as follows:
Requires third parties to accept durable powers of attorney (with some exceptions)
Changing the language of the Statutory Durable Power of Attorney
Changing the level of …