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She recently has filed court documents requesting that a probate judge appoint an executor to oversee ‘made no will’ for his $300m estate before death” #AssetProtection #Guardianship #TrustsandEstates #Probate #ProbateCourt #Inheritance #Wills #Trusts #estateplanning

#HoustonGuardianship #ProbateAttorney #TrustsandEstates #WillChanges #LeagueCityEstatePlanning #Probate #ProbateCourt #Inheritance #Wills #WebsterEstatePlanningLawyer

A trust allows you to transfer property to your heirs without going through probate. If you only have a will, any property that’s only in your name at your death will go through probate Checklist: How to Create a Financially Sound Estate Plan” #Guardianship #EstatePlanningLawyer #Pets #Probate

following the death of the benefactor or the “decedent” the property and assets go into what has known as probate Probate typically occurs when there are real properties or financial accounts involved. Independent Administration- This type of probate can only occur when the decedent’s date of death was Dependent Administration- This probate is used when all of the heirs cannot agree on beneficiaries and #nowill #Probate #Will #withoutwill

then you move out of the state, it will be valid and acceptable to the courts there and admitted into probate The next step in will scrutiny is based upon the probate laws of the state to which you move. In the event the will can be admitted to probate, there may be some provisions in the will that conflict Trusts are not subject to the probate process, unlike a will. #EstatePlanningLawyer #ProbateAttorney #ProbateCourt #Wills

Harris County probate lawyer can expect to happen during the process.  The following is a simple breakdown of some of the most common aspects of probate law in Texas. First of all, probate is the name of the legal process that takes place to distribute a person’s estate This person will work closely with the probate lawyer throughout the process.  #HarrisCountyprobatelaw #HarrisCountyprobatelawyer #Probate

pass away, your possessions and property go through the probate process. Non-probate assets are those that are jointly owned by you and your spouse, like bank accounts, as well In addition, probate can be expensive. If you gift property when you are alive, it does not undergo probate when you die. #EstateTax #IRAs #ProbateAttorney #Probate #ProbateCourt #Inheritance #Wills #HoustonEstatePlanningLawyer

Under the law, assets like IRAs aren’t subject to probate, but instead are passed using a beneficiary The only situations in which a will controls a non-probate asset are if there’s no designated beneficiary Review the beneficiaries of your non-probate assets every few years; and make sure the beneficiaries These documents help heirs avoid probating your estate and allow you to establish beneficiaries for assets #Probate #ProbateCourt #Inheritance #401ks #BeneficiaryDesignations #Pensions #Wills #403bs

Revocable trusts are a very popular and useful estate planning tool, but the trust will be ineffective or non-existent Revocable trusts are an effective way to avoid probate and provide for asset management in the event If you do not fund the trust, your assets may have to go through a costly probate proceeding in which

What is the probate policy for the area? Unless there was advanced estate planning, the house and the estate will be required to pass through probate Talk with an attorney who specializes in probate law. Reference: Huffington Post (April 4, 2016) “5 Questions to Ask When Inheriting a House” #AssetProtection #ProbateAttorney #ProbateCourt #Inheritance #HoustonEstatePlanningLawyer

Trusts, in fact, offer a simple way to transfer assets to your loved ones while avoiding probate. They are a great option for anyone hoping to avoid loved ones from going through probate proceedings. Revocable trusts also help keep your affairs out of probate court, which allows your assets to be transferred Clients with retirement trusts may also want a revocable living trust for their non-retirement assets How can a Will or Trust Avoid Probate? As long as your asset is in the trust, it avoids probate.

Inexperienced judges can present other problems—like when judges who aren’t lawyers rule on probate matters or states assign probate cases to general civil judges. April 12, 2016) “ Redstone Case Spotlights Rise in Competency Litigation” #AssetProtection #Incapacity #ProbateCourt