Texas residents and others may believe that their estate plan accurately represents their final wishes. However, it is important to review an estate plan every so often to ensure that this is the case. During a review, it is a good idea to determine if a will is...
Texas residents may decide to use boilerplate forms to construct their estate plans. They might believe that doing so will be an easier and less expensive way to adequately meet their needs. However, there could be a variety of unintended consequences that occur as a...
The estate of a person who dies intestate will likely need to be settled by going to a Texas probate court. The probate process will determine how the assets will be distributed or transferred. Initiating a probate proceeding may limit the amount of time that a...
When people in Texas create an estate plan, they may use a will, a trust, or other documents to pass assets to beneficiaries. Wills do not take effect until after a person's death. Trusts generally take effect immediately unless they are testamentary trusts. A...
Texans who have been named as successor trustees might wonder what they will be expected to do once the grantors pass away or become incapacitated and unable to continue making decisions for themselves. Successor trustees need to understand what will be expected of...
Thinking about dying is not something most Houston residents want to do. This makes estate planning an arduous task. Considering what to do with property after death is one thing, but considering what kind of end-of-life measures a person may want could be too much....
Texas families often avoid the very critical task of devising an estate plan because they are in the dark about what it means or just simply afraid to think about their own death. However, they can design an effective estate plan by taking things one step at a time....