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The probate process of dividing up assets among the people who inherited them is often lengthy and frustrating. With intentional estate planning, you can protect your family from the pains of probate and make asset division quick and to the point with a few important...
When it comes to estate management, your executor will hold crucial power. They will essentially manage all of your affairs after your death. Thus, you want to pick someone you can rely on. Of course, this means you have to rely on them for more than just being a good...
Many different sources talk about the important role of a fiduciary in various aspects of estate planning. Sometimes articles discuss the matters of a breach of fiduciary duty or the high demands made on a person who has the charge of watching out for the best...
Writing a will is a relatively easy and simple task. Doing so is a great way to lay the groundwork for your estate plan and ensure that the law upholds your basic wishes upon death. When you are ready to expand upon your estate planning process, however, it is best to...
The concept of paying for your own funeral may sound strange, but that sort of preparation can go a long way to easing financial pressure on your grieving loved ones when the time comes. You may save for your funeral through a variety of methods like funeral trusts,...
As an executor, you possess a significant amount of responsibility and power. After all, the deceased entrusted you to carry out his or her final wishes and to handle the remaining details of distributing his or her estate. That said, you may wonder to what extent you...
People commonly associate estate plans with wealthy testators and large, established families. However, even individuals who do not have children, who are not yet married or who have a modest living can benefit just as much from having an estate plan. When people...
More and more individuals across Texas and the rest of the nation are securing digital assets, such as cryptocurrencies or non-fungible tokens. Yet, studies suggest that many who own digital assets do not include them in their estate plans so that they may pass on...
A revocable living trust is a document that outlines what happens to your assets in the event of your death. The assets listed in your trust may include property, bank accounts and other financials, such as retirement plans and investments. Creating a revocable living...
A valid will requires naming an individual as your estate’s executor. The individual you choose administers to the various needs that arise during probate. Under Chapter 304 of the Texas Estates Code, you may name a spouse, relative or trusted individual capable of...