When it comes time to close an estate, the executor must file an annual account. The judge should examine the account within ten days to ensure that everything checks out. Some executors do not realize that in some cases, account rejections can garner contempt of...
Having a Texas estate plan goes a long way in terms of ensuring your wishes with regard to health care, finances and asset distribution come to fruition. However, many people neglect to create such a plan, fearing it takes too much time or money or that they do not...
You finished your estate plan recently, but its contents may change. Do you know what life events call for an estate plan review? Forbes explains when you should consider updating your estate plan. Ensure your estate documents always account for your most current...
While no parents want to consider their children growing up without them, they still have to plan if something happens. Including your young children into your estate plan makes a difference between your children having stability if something happens and being in the...
If you believe that your loved one was not of sufficiently sound mind to understand the estate planning and probate process, you are questioning their testamentary capacity. It is generally difficult to challenge a will, but this is one of the most common reasons for...
As the parent of a special needs child, you likely spend a good portion of your time making sure that he or she receives the help he or she needs. But what happens when you are no longer around to oversee that help? Establishing a special needs trust for his or her...
In this day and age, a recent surge in "do it yourself"-style estate plan options have inundated the market. These boilerplate forms offer an inexpensive, easy way for people to create an estate plan, and some of them do have benefits. However, these templates often...
During the creation of your estate plan, you will most likely run into terms like wills and trusts. In fact, many people will have both of these things in their own estate plans, because each holds a different purpose and fulfills a different goal. So what are the...
When it comes to your estate plan, you have a lot of important decisions to make. One major decision, if you choose to establish a trust, is to choose your trustee. According to CPA Journal, the trustee controls your trust. Strong sense of judgment Your trustee has...
Selecting an estate executor is one of the most important decisions you will make during the estate planning process. When you pass away, the executor will be responsible for taking care of any unfinished business and carrying out all your final wishes. For these...