A fiduciary is a person who acts on behalf of his or her client and is required to make decisions that are in that person's best interests. For instance, accountants, bankers or money managers in Texas or anywhere else could act as fiduciaries. A child's legal...
When a Texas resident dies, the executor named in their will is responsible for paying bills and taxes and distributing assets according to the terms outlined in the will. However, in some cases, the executor might pass away before the will holder. If no one else is...
Dying without a valid will in place can leave the decedent's family in a precarious situation when Texas probate law is applied. All individuals who die intestate will have their financial assets place in probate, which means that creditors and government taxation...
Dying without a will in Texas sends your property through the probate process using the intestacy laws of succession. The probate statutes spell out the path through which your estate must travel before disbursement to your heirs. The process may take longer than...
An executor is the person who is named in a will as being responsible for managing the estate. Some people in Texas may find themselves in a situation in which they think an executor should be removed. Who has standing? An executor cannot be challenged...
You don't need to be old or have a significant net worth to benefit from having an estate plan. If you own property in Texas or any other state, you can transfer it to a beneficiary through a will or trust. These documents can also be used to appoint a guardian for...
In the most basic sense of the law, and according to Cornell Law School's Legal Information Institute, "undue influence" occurs when one party of a contract puts the free will of another party into question and therefore, leads to the courts declaring the contract...