Wills are often successfully contested in Texas for a wide variety of reasons. It is important to do your research if you are interested in grounds to contest a will. There are plenty of reasons why a will can and should be contested. However, successfully contesting a will requires you to understand the law and… Read more »
Estate Planning for Single Parents As a single parent, you may not often have time to reflect on the consequences of losing the ability to make financial, medical, or family-related decisions on your own. But we owe it to those who depend on us to consider such possibilities. Anyone could be rendered legally incapacitated by… Read more »
There are people who fail to act from an estate planning perspective because they harbor certain misconceptions. If you are under the impression that the government will take care of everything in the ideal manner if you pass away without a will or any other estate planning documents, you are sorely mistaken. The condition that… Read more »
The process of estate planning is often thought of as something that is only important for people who have reached an advanced age. We all know that senior citizens are more likely to pass away than their younger counterparts, but in truth, all responsible adults should have an estate plan in place. There have been… Read more »
Tip 1. Your estate is what you leave behind after you die. Everyone has an estate. Whether you are wealthy, old, young, a parent, single, or anything else, you have, or more specifically will have, an estate. Your estate is simply the collection of possessions, money, and other property you leave behind after you die,… Read more »
When you are planning your estate, passing along resources directly with no strings attached can be perfectly acceptable for some established people on your inheritance list. At the same time, there could be people in the family who could use some guidance. Under these circumstances, you could consider the creation of an incentive trust. With… Read more »
As estate planning attorneys, we often encounter families who are suffering due to estate planning mistakes that were made by other family members. There is usually some type of damage control that can be done, but as they say, you don’t want to try to close the barn door after the horse has left. Let’s… Read more »
Merry Christmas! Tis the Season of Giving! Estate planning can be viewed in one of two ways. You could look at it as a basic effort to make sure that your assets are distributed in accordance with your wishes and leave it at that. On the other hand, you could take a more comprehensive viewpoint… Read more »
Some people seek out an estate planning lawyer not because they want to create an estate plan, but because they want to challenge an estate planning tool or decision by beginning litigation. The litigation process in estate planning is very similar to other forms of litigation in that it involves lawsuits, hearings, and settlement negotiations…. Read more »
If you are ever asked by someone to serve as the executor of an estate, you should realize that accepting the position means you will have specific responsibilities when that person dies. Your primary duty as an executor will be to manage the estate through probate. While many of the concerns people have about probate… Read more »