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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A Property Title Can Impact Whether It Goes Through Probate
How your property is owned can have a very large impact on whether it has to pass through probate in order for it to be passed down to your estate beneficiaries. If a property is…
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Naming Beneficiaries on Accounts Keeps Them out of Probate
Going through probate can be a long process. But it’s not always necessary if you properly plan ahead. For example, not all bank and retirement accounts have to go through probate. If you name a…
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Joint Tenancy Can Keep Property Out of Probate
Passing estates through the probate process can cost you and your estate a large amount in fees while causing your loved ones to have to wait until the resolution of the process to receive the…
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