Probate

Thoughts of an Independent Executor in Texas

Day 1.  Hey, we will really miss you.  Just found out you named me as the independent executor of your estate!  What an honor.  Really. Day 3.  Your funeral was packed.  I had no idea you had so many step-kids.    Noticed they and your wife didn’t sit in the same pew with your kids and your ex-wife.  Everybody was very friendly towards me, though. Day 5.  Talked to the probate lawyer...

Texas – Immediate Probate Actions

“He died with his boots on.” Admirable, but he left the rest of us to deal with his assets and debts. Where to start?  First,  we want to find his will and any burial instructions.  Since he didn’t tell anybody the location of  his documents before he rode off into the sunset, we’ll look in a logical place:  his safety deposit box.  The bank  may allow access without a court order...

Revocable Living Trusts

A Revocable Living Trust is often used in  estate planning to avoid probate.    It is a useful tool in the right circumstances. Most people use a Revocable Living Trust to hold assets, such as a house or rental properties.  The person who sets up the Trust, and usually funds it, is called the "Settlor."    The Trust is "revocable" because the settlor can revoke it at any time.  It is called...