Handling an estate can take time and effort, and Texas law recognizes that by allowing executors to receive payment for their work. The amount of this compensation depends on several factors, including the size of the estate, the type of assets, and whether the will...
Losing a loved one is never easy especially when mental health concerns are involved. Perhaps you watched as your parents struggled with dementia in their final years. Maybe your spouse battled depression while managing their affairs. Now, as you prepare to settle...
Losing someone close is never easy, and handling their estate can feel overwhelming. If the estate is small, you might not need the full probate process. State law lets certain small estates use a simplified procedure that saves time and reduces costs. What counts as...
Serving as an executor in Texas comes with specific legal duties. One of the most important tasks is filing an inventory, appraisement, and list of claims with the court. This document shows what the estate owns, what it owes, and helps ensure fair distribution among...
Many people create a revocable living trust to ensure their assets avoid the cost and delay of probate. They meticulously transfer their home bank accounts and investments into the trust assuming this new document makes a will obsolete. This is a common and...
Serving as a fiduciary in Texas comes with serious responsibilities. Whether you manage a trust, an estate, or another person’s assets, the law expects you to act with honesty, care, and loyalty. But what happens if you make an error while handling those duties?...
When you have children, naming a guardian in your estate plan is one of the most important decisions you can make. Without a named guardian, the court will decide who takes care of your children if something happens to you. Understanding how this process works in...
Life doesn’t stand still, and neither should your estate plan. As your circumstances change, your plan should reflect your current goals, assets, and relationships. Many people create their estate plan once and forget about it, but reviewing it regularly helps ensure...
Many people assume the probate process is final when it ends. In Texas, however, certain situations allow a court to reopen probate. Knowing when and why a court can do this helps you understand what to expect if this issue arises. Reasons a court may reopen probate...
When a loved one passes, the executor manages the estate. But what if heirs lose confidence in the executor? In Texas, heirs can act if the executor fails to carry out duties properly. Knowing when and how removal happens helps heirs protect their inheritance and the...