Probate can be a lengthy, stressful, and costly procedure for transferring property to a decedent’s heirs. A small estate affidavit can be a more affordable and easier method to transfer property in Texas. Requirements A SEA is permissible for inheritances when...
Inheritances
Discussing inheritance with children
After a lifetime of hard work, it makes sense that many people want to leave an inheritance to their children. It’s likely that they also want to ensure that the money is used responsibly. By focusing on the children who will receive the inheritance, it can help set...
How can I find a lost will?
Sometimes when a family member or loved one with a will passes away, a copy of the will is unable to be located. This is likely to cause confusion and panic; however, rest assured that there are plenty of available ways to locate a lost will. Many people may not be...
Children and inheritance in Texas
Texas parents often want all or most of an inheritance to go to their children after they pass away, to ensure their children’s financial needs are met and decrease the chances of their children experiencing money troubles after their parents are gone. The state of...
Was your loved one subjected to undue influence?
Were you expecting an inheritance from a loved one but later found out that you were cut out of his or her will? If so, then we know that you’re dealing with a lot of emotions right now. You’re probably confused and angry, and you might not know where to go from here....
Heirs need to do more than wait
Reaping the benefits of an inheritance is not a sure thing. Receiving the proceeds or assets of an estate requires preparation. There are several ways to help your children plan so they have the opportunity of receiving the maximum benefits from their inheritances....
Intestate succession in Texas
Estate planning is a good way for a Texas resident to take control of how and to whom their end-of-life estate is distributed. Through their estate plan, a person can decide which loved ones will receive their property and in what quantities. An individual can provide...
How can I keep my heir from squandering their inheritance?
We may work a lifetime so that we have an inheritance to pass on to our children and grandchildren. However, most people in Texas do not want to see a young adult squander a large inheritance. If you leave a young adult a sum of money in a will, they will receive...
Community property and its impact on inheritances
Community property is a system of property ownership that is recognized in Texas. It purports that when married people acquire wealth or property, each member of the marriage owns half of the acquisition. Community property and the disposition of property is often an...
When it comes to inheritance, fair does not always mean equal
In a perfect world, parents remain healthy for an extended period of time, siblings pitch in to take care of their parents, all of the siblings get along with each other and each of the siblings is a responsible individual. In reality, this is not always the case....