This marital-deduction trust places limits on a surviving spouse’s control of Qualified Terminable Interest Property or QTIP. It is used by the executor of an estate to benefit from state and federal estate tax deductions. Under the agreement, while the surviving spouse will receive income for life from the assets of the trust, someone else…
What Austin TX Probate Lawyers Can Do To Save A Family In Business.
Limited liability companies (LLC’s) are a relatively new business organization compared to incorporations of the like. They offer the ability to be protected similarly to a corporation but allow the taxing capabilities of a sole proprietor. Since the LLC’s vary in style they can confuse most people; LLC’s are comprised of sole proprietor, corporation and…
Planning for Disability?
Planning for Disability can be a long, difficult and emotional process. What will happen to your property – your house, your investments, and your belongings – after you die? Will it go to the people and causes you care about, or will it be distributed by the government? Estate planning is one of the most…
What to Do When a Guardianship Becomes Necessary
There are many different situations which bring about the need for a Guardianship. Guardianships can provide necessary help to minors, adults determined incapable of caring for themselves either physically or financially managing their needs, or in the case of mental illness. Visiting a probate attorney can help determine the facts of whether a Guardianship is…
Overview of the Dependent Admin in Texas Probate Courts
This article examines the role of the Dependent Administrator in Texas Probate Courts.
Obligations of an Executor in Probate Court in Texas
This article is a (very) topical overview of the obligations of an Executor in Texas Probate Courts
Overview of Independent Administrator in Texas Probate Court
This article examines the role and responsibility of the independent administrator in Texas probate procedure.
Overview of Muniment of Title Process in Texas
This article examines the Muniment of Title Process in Texas probate procedure.
Is There a Time Limit to Probate a Will in Texas?
The laws governing probate vary from state to state, and Texas is no different. Understanding how probate is handled in Texas, especially the rules regarding filing of probate is critical. Properly following procedures, or working with a qualified attorney will ensure that the difficult process of settling the estate of a loved one goes as…
The Probate Process in Texas: 3 Types
In Texas, it is generally quite easy to enter into a probate arrangement. By simply filling out the appropriate documents and filing them with the court, the probate process will be under way. Next, an executor will be appointed and the estate will be opened. The process can be made even easier by working with…
