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When you choose the executor of your will, you have a lot of factors to consider. Most people choose a close friend or family member because they expect the person to honor their wishes closely. If you want to select one of your children, you must consider how it may...
As someone serving as a loved one's executor, you have numerous duties to fulfill. This includes following the deadlines and guidelines of the probate process, and acting in the interest of the decedent. By failing to uphold these duties, you could end up putting the...
It can be a tough time to deal with the death of a loved one. Along with the grief you feel, you may worry about the property of your relative passing through probate. This can be particularly stressful if you are set to inherit the home of your family member....
Probate is the process of finalizing an estate after a death. The probate court will oversee the process. That is the main duty of the court. The actual process of disbursing the assets, locating heirs and managing the estate is up to the personal representative or...
To contest a will means you object to the validity of the will. There are several qualifications in place before an individual can contest a will in Texas, and the individual has two years to file the petition. 1. Be an interested person Only a person with a claim or...
Acting as the personal representative for another may give you a sneak peek into the probate process. This vantage may help you craft your estate to help your loved ones through the process. What can you expect as you go through probate? This court process takes an...
Perhaps your favorite aunt wanted you to serve as her personal representative and you were happy to agree. Aunt Lucy died unexpectedly, thrusting you into the role you thought was years away. You feel overwhelmed by the responsibility, but professional guidance will...
If your elderly parents have written an estate plan, you are probably grateful. After all, trying to figure out their wishes without some guidance can be extremely challenging. Still, if someone has unduly influenced your father and mother, you probably cannot trust...
Texas residents may speed up their asset distribution by adding heirs to their financial accounts. You could review and choose those financial institutions that allow clients to name beneficiaries or add joint owners to their accounts. You may also consider creating a...
People write wills and other estate planning documents hoping their friends and family will respect their wishes regarding their assets and other end-of-life decisions. Heartbreakingly, this is not always the case. For many different reasons, some estates end up in...