What makes a life estate?
Through a life estate, you can transfer property to someone who shares it with you now. Land and any of the developments on that land are legal assets to use for a life estate deed. If you own any real property, you risk public blowback should you transfer that...
Understanding conservatorship and the impact it has in Texas
A person's capabilities are prone to change during his or her lifetime. So in Texas, the law allows someone to step in and take care of the assets, needs and any other important aspects of the incapacitated person's life. If you are interested in conservatorship, here...
When should you look at your estate plan?
If assets such as a Texas home remain in your estate when you pass, they will be subject to probate if you have a will. If you don't have a will, they will likely be distributed per the state's intestacy laws. It's worth noting that intestacy laws might take effect if...