What’s the Law Series: Probate (Part 2)

What’s the Law Series: Probate (Part 2)

  Estate Administration: Why Do I Need a Will? In our latest post, we discussed the difference between a Small Estate Affidavit and Muniment of Title. Those two alternatives are typically cheaper and faster than a full estate administration. Sometimes, however,...
What’s the Law Series: Probate (Part 2)

What’s the Law Series: Probate (Part 1)

No Will Affidavit Method vs. Short Method with Will   Texas law provides for four types of actions to take place in the court with regard to the estate of a deceased person (“Decedent”): Collection of Small Estates Upon Affidavit or No Will Affidavit Method;...
Probating a Will: The Necessary Steps

Probating a Will: The Necessary Steps

Probating is the process in which a person’s will proved valid by a court. After that, the court will identify property, appraise said property, pay taxes and then distribute the remaining property according to that state’s law.

What’s the Law Series: Probate (Part 2)

What Happens When I’m Gone?

  FAQs About Probate   Do I have to probate when my loved one dies? Answer: The short answer is that some estates need to go through probate while others don’t. The determination of whether an estate must be probated depends on a variety of factors including...

Estate Taxes: What Executors Need to Know

Chosen to be the Executor of a Will?  Executors need to know what kind of tax the estate owes, how the tax is calculated, and who pays the applicable tax. There are two types of taxes that an estate may be subjected to:  (1) the federal estate tax; and (2)...