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It is a common misconception that you do not need an estate plan if you do not consider yourself “wealthy.” Far too often, we see and hear stories of families who are struggling to cope without clear guidance from their loved ones, not fully aware of their loved ones’ final […]
At a high level, administering a decedent’s estate in Texas involves a three-step process: (i) inventory and collect the decedent’s assets, (ii) pay the decedent’s creditor’s, and then (iii) distribute the remaining assets to the decedent’s beneficiaries (according to his or her estate plan) or heirs (in accordance with the […]
Speak With an Estate Planning Attorney at Nordhaus Walpole PLLC If you would like to speak with a lawyer about preparing or updating your estate plan, contact the law offices of Nordhaus Walpole PLLC for a free, confidential consultation. To schedule an appointment with one of our experienced McKinney estate […]
If you are preparing to put together your estate plan, it is important to learn the basics of the estate planning tool known as the “revocable living trust.” For many people, the revocable living trust has become the estate planning tool for distributing assets after death due to the numerous […]
If you have been doing research about preparing your estate plan, you have probably read that much of the estate planning process involves keeping your assets out of probate. While by no means a universal rule, avoiding probate tends to make it easier, faster and less expensive for a person’s […]