Completing an estate plan is a major achievement. Unfortunately, according to reporting from CNBC, only approximately 33% of Americans have finished the estate planning process. If you are one of them, you should resist the urge to stash your estate plan away forever....
The loss of a loved one is an emotional and challenging time, and the last thing anyone wants to deal with is a dispute over the deceased's will. However, there may be valid reasons to contest a will and ensure that the estate carries out a deceased's true intentions....
For many people, their social media accounts become like personal journals. Others use it for business, and some make it like an online scrapbook where they keep their memories. Whatever way you use your Facebook account, you may wonder what will happen with it after...
As an executor, you have fiduciary responsibilities that may see heavy scrutiny from several parties, such as benefactors and creditors. While you are not liable for the debts you administrate, there are still ways to open yourself up to liability. Texas statutes...
Probate is the processing of closing an estate. If there is a will, it will usually dictate what happens with property during probate. If there is no will, state law will determine the passing of property to heirs. If your estate includes property or assets you own...
Most people have heard stories of fights erupting among heirs after a loved one dies. As you prepare your estate plan, you may hope that your family will have a different story, but if you want to ensure that your family does not fight, it helps to know why families...
The estate planning process helps ensure that after your death, your family and the probate court will follow your wishes for asset distribution. While it is a good idea for all people, regardless of age or socioeconomic status, to establish an estate plan in advance,...
When you discuss estate planning with your family, it is easy to imagine you talking about what property you wish to pass down. The house, the car and any wealth you have are high up on the list of things you need to handle. However, there are several types of assets...
Many people in Texas delay or avoid estate planning, but doing so is never a good idea. Some cite similar reasons for not putting an estate plan together, and not having children is a common one. However, there are several key reasons having an estate plan benefits...
Trusts are an essential part of estate planning used to protect your plans for your assets after you die. They allow a trustee to hold and distribute your property for the benefit of another person. Consider the four main categories and some of the types of trusts...