Court Ruling on Holographic Will in Texas
What can happen when someone dies without a will—but has left a hand written note expressing intentions for the distribution of assets? Read on to explore what happened in a recent case in Texas. Understanding…
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Understanding Intestate Succession and Fiduciary Bonds
When a person dies without a will, probate courts rely on intestate succession laws to distribute the assets to heirs. Court-ordered fiduciary bonds can become important in this process. Who Gets What? If there is…
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Choosing a Personal Representative: Time to Buck Tradition?
Traditionally, the oldest child is tapped as the personal representative for the estate of aging parents. Is that always best? Sometimes Traditions Get In Our Way 2020 continues to be a year of learning that…
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Naming an Executor To Carry Out Your Will
When you make plans for your loved ones and assets, ensure your intentions are carried out properly by carefully choosing an executor for your will. Understanding the Role of An Executor If you are establishing…
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Understanding Estates and Estate Bonds: Advice for Families
Understanding Estates and Estate Bonds: Advice for Families “You can’t take it with you”—is frequently cautioned among family and friends. Yet, many of us can’t seem to bring ourselves to plan ahead for our valuables….
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When There Is No Will, Probate Court Steps In
The number of Americans who do not have wills (or similar documents) has increased. Generally, when a loved dies without a will, a probate court appoints an administrator and determines the heirs. Here’s what…
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What Happens When a Will Names No Beneficiaries?
Are there any consequences of initialing a will that does not include any beneficiaries? If your will does not encompass crystal clear instructions on who should keep your personal assets, under state law, your assets…
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3 Reasons Why You Should Not Put off Estate Planning
When you think of “estate planning”, you may imagine yourself in advanced age, sitting with your attorney as you carefully divide up your assets for your loved ones. However, putting off estate planning until your…
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Texas Probate Surety Bonds
County courts in Texas require probate surety bonds when the court appoints someone to handle a deceased person’s estate or often when a will names someone as an estate executor. These bonds are required to…
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