Mistakes to avoid when making beneficiary designations
Beneficiary designations may make it easier to transfer bank accounts, retirement accounts and other assets without the need for probate. This is because ownership of such items automatically transfers to the beneficiary without the need to seek a Texas probate...
What are the biggest considerations when choosing a trustee?
One of the most important things Texans can do is plan for the future. If you establish a trust to hold assets for your future heirs as part of your estate plan, there are certain things to consider when choosing a trustee to oversee it. They have the time to manage...
What are tangible and intangible assets in estate administration?
When preparing estate documents, many people are primarily concerned with how they will distribute assets to heirs following their death. However, Texas residents should also be aware of the difference between tangible and intangible assets, as questions may arise...
Limitations of writing a will
One would think that a Texas court would honor all of their wishes in their will, but that's not necessarily the case. Certain stipulations aren't valid in a will, but there's usually a way to make those desires valid. Probate There isn't a way to prevent your will...
