Finding unreported income during estate administration can cause stress and confusion. The income may include rent, dividends or business earnings that the deceased did not report. Estate representatives must identify, manage and account for estate assets. They also...
You can use a no-contest clause as part of your estate plan if you are worried about estate challenges from certain beneficiaries. This clause acts as a way to prevent those challenges. For instance, maybe you have three children. You are leaving one of them...
Before a Texas probate court can appoint a personal representative or authorize the distribution of an estate, specific documents must be on file. The exact filings depend on whether the deceased left a valid will, but most Texas probate cases begin with the same core...
Blended families may face inheritance disputes when estate documents do not clearly address children from different relationships. Biological children may have rights to assets owned before remarriage. Stepchildren may also expect equal treatment. When there is no...
Serving as a personal representative in Texas comes with legal duties. These duties include protecting estate assets and following court requirements. In some probate cases, a court may require an executor or administrator to post a fiduciary bond. The bond helps...
When making an estate plan, one key step is to pick the estate executor or estate administrator. They receive a lot of power during probate, as they handle various affairs for the estate, including paying debts and distributing assets. The first thing to look for is...