After a loved one dies, their property is distributed to their heirs through the probate process. Probate occurs whether a person died with a will, or without one (intestate). Probate ensures that all debts are paid, that assets are appropriately inventoried, and that the assets are distributed to the right beneficiaries. In many cases, probate […]
If you have been appointed to be the guardian of a person or the guardian of the estate during probate, you may have questions about what your new role entails. You may be unsure of your ability to carry out your new responsibilities and are looking for guidance on how to be a proactive guardian. […]
The United States is expected to have 1,700 new millionaires every single day by 2020. As the rate of newly minted millionaires increases, more and more families will find themselves “wealthy.” While some of these millionaires will continue to build a fortune and care for their heirs for generations, Money Magazine reports that wealth vanishes […]
Principales conclusiones: Texas requiere que un testamento sea certificado después de la muerte de un individuo y también requiere que un abogado represente al testamento, excepto en casos de “administración independiente”. La certificación es un proceso legal para revisar la voluntad de un individuo fallecido, pagar los pasivos pendientes y distribuir la propiedad a sus […]
During probate, Texas estates are generally settled in one of two ways. In a dependent administration, the executor must get court approval for most actions and report regularly to the probate judge, while in an independent administration, the executor is given more autonomy to carry out their duties without the need to report their actions […]