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A properly created trust will help to avoid probate for the assets in that trust.

As part of this process, you should identify the successors, the active and non-active roles for each

The bill, which has passed the Senate, received support from advocate group Americans Against Abusive Probate

you transfer assets to the trust and, if done properly, may transfer those assets to heirs without probate

Hispanics may work for small businesses and in low-wage, non-union jobs that don’t offer many retirement

advantages One of the big advantages of trusts is that they allow property subject to the trust to skip the probate Since the estate foots the bill for the costs of probate, it can significantly decrease the value of Since trusts do not have to go through probate, which is a matter of public record, the terms of the

September 30: Some beneficiaries who inherited individual and Roth IRAs in 2015 take note—if a non-individual (like a charity) has also been named as a beneficiary, cash out the non-individual’s portion by this Non-spouse beneficiaries of traditional and Roth IRAs must also take RMDs by year-end, starting the year

Another option is that the child could take the funds out for non-college expenses, but he or she would

Another option is that the child could take the funds out for non-college expenses, but he or she would

providing a tax shelter and also allowing beneficiaries to avoid the hassle of having the assets tied up in probate

easier to pass most assets on to designated beneficiaries, reducing how long any assets are held up in probate

Probate lawyers in Texas spend considerable time balancing legal obligations with the intended wishes Additionally, the probate lawyer may be pressured by survivors to get a particular outcome. In fact, a living trust does not get included in the probate process at all. Protecting Your Privacy As mentioned above, the probate process is public. Probate lawyers in Texas see how beneficial they can be every day.