In February, we discussed one of the first steps in preparing for probate: Understanding Your Loved One’s Will. In that article, we discussed the various roles that a person’s will plays in probate, from (potentially) designating the method of probate to accounting for funeral expenses and distributing some or all of […]
If your loved one left behind a will, administering his or her estate will involve carrying out the terms of the will through the probate process. Whether you have been named as personal representative, are a named beneficiary in the will or believe that you are entitled to a share […]
If you spent your life building a business that you intend to leave to your children, spouse or other family members after your death, addressing ownership and control of the business should be one of your top priorities in putting together a comprehensive estate plan. While there are a variety […]
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 […]