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A relative or friend who is preparing a will might have the foresight to ask if it’s okay to nominate you as their personal representative, also known as an executor. Or you might learn later that someone has designated you for that role in their will, even if you’re not […]
Category: Wills & Trusts
Whether you are used to working with trusts or you are just getting started with a trust, it is easy to find yourself overwhelmed with questions. Some of the most important questions are those that involve funding the trust. That’s because if your trust is not funded correctly, it won’t […]
People often think they can simplify their affairs and avoid probate by not creating a will. They erroneously assume that their property will go where they want it to automatically, so there’s no need for the legal fuss. However, the lack of legal planning can cause problems, particularly for husbands and wives […]
When people in Texas create a will that they believe could make family members unhappy, they worry that the will could be challenged. The good news is that you don’t have to worry about your being invalidated on the grounds that it is “unfair” to someone. However, there are a […]
Understanding Pour-Over Wills Compared to Traditional Wills
November 29, 2024 April Nordhaus Estate Planning Probate and Estate/Trust Administration Wills & Trusts
If you are considering or have already created a revocable living trust, you may have heard that you should have a certain type of will known as a “pour-over will” to complement the trust. This is good advice, but it is a little confusing if you’re not thoroughly familiar with […]