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planning attorney recommend women keep in mind: Estate Planning Tips for Women #1: Appoint a Financial Representative Appointing a financial representative while you are in good health means that you have a say in what

Dying Without a Will: Understanding Intestate Succession Laws in Texas In Texas, when a person dies without entitled to all community property (property acquired during marriage) plus one-third of your separate personal other relationships, then the surviving spouse is entitled to all community property plus all of the personal This person is responsible for locating and valuing all of your assets and paying off any outstanding Remember, the lawyer you choose will represent your interests in court and engage with other legal professionals

Choose a personal representative. The personal representative or executor is responsible for settling your estate’s affairs.

The House of Representatives passed a bill recently seeking to protect elderly investors.

It is also the way you appoint a legal representative to carry out your bequests and name a guardian Property that is co-owned with another person is not distributed through your will.

Upon the life tenant's death, the property automatically passes to another person or entity, known as The remainderman is the person or entity who will inherit the property after the life tenant passes away Resolving Disputes and Legal Representation Disputes over life estates can be complex and emotionally Importance of Legal Representation Having a knowledgeable attorney on your side is invaluable in life They can provide advice, represent you in court, and help negotiate settlements or agreements. 

Choose a personal representative. The personal representative or executor is responsible for settling your estate’s affairs.

As a single person, it is easy to assume that you don’t need the legal protections offered by estate Wills also allow you to designate an executor, or the person who will handle your estate after you pass The Court will additionally appoint an attorney to represent unknown heirs.  Designating your medical power of attorney will allow another person to make medical decisions on your

It also appoints a legal representative to carry out your wishes. will only covers property that can go through probate; this is the court process by which a deceased person

These can be religious, moral, political, or personal. How closely does this person know you and your family? Are your kids comfortable with him or her? Also, you’ll want someone who can provide a sense of continuity in discipline and personal responsibility They don’t have to be the same person. Nonetheless, it’s important that the guardian of the person and the guardian of the estate get along

In other states, each person owns whatever is in his or her name. plan to list a friend based in New York as your executor, Florida probate court will not allow them to represent

gains upon marriage may include: The right to be the guardian for the other spouse; The right to be the personal representative of a deceased spouse; A right to an “elective share” percentage of the other spouse’s estate; A right to the ownership or use of the house; A right to personal property of the deceased spouse descendants from an earlier relationship or if each spouse wants to retain the right to pass on their personal First, if a married person dies without a will, then the surviving spouse is entitled to a share of the