Differences between wills and family trusts
If a person doesn't leave a will before they pass away in Sherman, Texas, the courts decide the fate of their assets. An effective estate plan prevents this from happening and helps ensure that assets transfer smoothly to heirs. Two tools that a person can use to...
What happens if I die without a will?
As previously discussed in this Texas estate planning blog, many individuals do not have estate plans in place. An estate plan is a set of legal documents that outlines a person’s testamentary wishes regarding their care and the distribution of their assets when they...
What to look for in an executor
When you die, any assets that are held in your Texas estate will likely be subject to probate. This may be true even if those items are accounted for in a pour-over will. You are allowed to appoint a person to represent your interests during probate, and there are...
Intestate succession in Texas
Wealth and property are accumulated over the course of a lifetime, and when a Texas resident reaches the end of their life, they may have strong feelings about who their estate will go to when they die. Many individuals choose to execute estate plans, which can...
Can’t find your mom’s will? Now what?
Dealing with the death of a parent is something most Sherman area residents will have to deal with during their life. This is an emotional time for families dealing with this tremendous stress. Unfortunately, many times a family not only has to deal with their grief...
Executing a will after a person’s death
When someone in Texas drafts a will, he or she has to pick an executor of their estate to distribute the property listed in the will after the estate holder dies. Being an executor can be time consuming and difficult, so people who are asked to be executors should...
Can I contest my loved one’s will?
A will is a binding legal document detailing the proper distribution of a deceased person’s estate. Contesting the contents of a will can be a costly and long process. It is not something to entertain just because you don’t like what it says. You must have what’s...