Estate Planning And Probate

One of the most essential elements of an estate plan for Texas residents is creating a power of attorney for financial matters. This document is necessary if someone becomes incapacitated and cannot make their own decisions. The person you select as your...

A beneficiary designation gives you the power to transfer your assets straight to your intended inheritor. All you have to do in this process is complete a form and file it with the financial company that holds the asset. In this form, you also designate the person to...

When a parent dies, there is a chance that you will inherit assets such as a car, boat or a Texas home. Of course, it's also possible that you'll receive nothing or will want to liquidate your inheritance in favor of cash. Having estate planning conversations with...

If you are in a blended family in Texas, then you know that things can get a little complicated when it comes to estate planning. Sometimes, for instance, it might be unclear who should inherit which assets, or how to ensure that each family member is taken care of...

When you retire in Texas, you probably look forward to enjoying more free time. However, given the challenges that come with aging and the need to leave your loved ones in good hands, estate planning will be among the most important decisions you'll have to make as...

After you die, if you haven't made an estate plan or if your plan is outdated, there's no way to change your wishes regarding the distribution of your assets. The court will let the carelessly made plans stand or dismiss them and use Texas intestacy laws to give out...

Under Texas Probate Code Section 93, a person can challenge a will if they have a reason to believe that something is wrong with it. However, this capability is only restricted to individuals referred to as "interested parties." Understanding interested parties in...

Creating an estate plan in Texas is essential to protect your assets after your death. Updating and reviewing your estate plan should be done regularly to ensure it remains accurate and valid. When you get married or divorced Remember to revise older estate plans when...

Countless people are wondering whether a TOD account or revocable trust is the best option for their particular estate planning situation in Texas. Both offer a way of passing your assets down while working around the expensive and time-consuming drawbacks of probate....

Since we won't be able to take our possessions with us when we pass away, estate planning and probate is necessary to ensure that our loved ones receive our belongings in accordance with our wishes. In many states, including Texas, a person's estate can be inherited...