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Like other states, Texas has a process through which a creditor may file a claim against the probate estate of someone who has died. The point of the process is for a creditor to collect a valid debt that otherwise would go unpaid. It is not just people who are owed a...
The estates of Texas residents who die without a will must go through the probate process, which involves distribution of property to heirs. However, what happens if you do not know who the heirs are, or how much property each should receive? This type of situation...
It is important for people in Texas to have wills so their property and possessions go to the people that they want to have it after they pass away. However, the will simply states the wishes of the decedent on a piece of paper. The will itself does not actually...
Many people in Plano have spent the time to create their estate plan. A will is often part of an estate plan because it allows a person to dictate where they want their assets to go when they die. Most of the time the probate process of settling an estate goes well...
We often get calls asking about Affidavits of Heirship, and if they are a good alternative when a loved one dies without a Will. Affidavits of Heirship can be a tempting alternative to instigating a probate proceeding because of the substantially lower initial cost,...
We continue to have a lot of new and existing clients whose loved ones have died with real property interests in other state. They are often surprised when we advise them that in order to transfer title to those interests, they will need to file and go through that...
September 11, 2015Have you ever gone into a bank or financial institution and opened an account? Remember all of the paperwork you had to sign to open that account? Almost always, that paperwork includes making decisions regarding ownership of the account and...
Over the last few weeks several of our new clients have had questions about the probate process for real property located in other states. I wanted to share with you some basic information about the process to help you understand and plan for the impact of owning out...
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