In Texas, all homeowners receive homestead protection, a policy that marks your home as an exempt asset to prevent creditors from using it for the repayment of debts. Because your home is a very important asset to protect, it's important to understand the in's and...
Planning your estate in Texas may appear incredibly confusing when you hear the words "trustee," "executor," and "heir," flying at you. In reality, each of these parties will play an important role in seeing that your assets and possessions end up exactly as you...
The need to prepare a will is one that is stressed time and time again by estate planning experts in Houston. Yet despite this advice, some estimates put the percentage of American adults without a will as high as 60 percent. You might think that if do not specify how...
A will is often the cornerstone of any comprehensive estate plan, but does that necessarily mean it is the best estate planning tool? Our Texas estate planning attorneys appreciate wills for what they can do, but we also recognize the many things they cannot do. One...
When people begin the process of planning their estate in Texas, they may be facing uncertainty and hesitation when it comes time to designating beneficiaries and heirs. They may have anxiety about choosing the right people and hoping that they do not offend anyone in...
The hours following a loved one’s death can be the hardest emotionally and logistically. Especially if your loved one dies outside of a hospital setting, it can be confusing to know what step to take next. It may seem morbid, but it is important to make an immediate...
According to MoneySense, the executor of a Texas estate has a duty to protect the estate, probate the will and pay both creditors and beneficiaries. An executor also has certain fiduciary duties, which you can learn more about below. If an estate administrator...
There are many different options you can take in Texas to plan what will happen with your assets when you die. Your estate planning efforts may include something called a living trust, which Forbes explains is just any trust you create when you are alive. This is the...
When people in Texas have a good job, are surrounded by people they care about and are not immediately lacking anything they desire to have, the last thought to cross their mind may be estate planning. However, studies have demonstrated proof that people who plan...
When you are informed of the declining health of one of your family members in Texas, whether from a progressing condition or an unexpected accident, preparing for his or her death can be incredibly challenging. While coping with someone's death is never an easy feat,...