The rise in the aging population has resulted in an increase of deceased borrowers in Texas, leaving behind a complicated situation for both their families and mortgage lenders. The mortgage loan becomes due and payable in full, even if the estate cannot cover the remaining balance. This can lead to probate proceedings and a struggle...KEEP READING
When a loved one passes away, their assets must be distributed to their beneficiaries. This process is known as probate and it can be a complicated and confusing process. In this article, we will explore the probate process in Texas and how it applies to the estate of Mrs. T and Inherited Jewelry in Probate....KEEP READING
Losing a loved one is never easy, and the process of settling their estate can be complicated and emotionally taxing. This is especially true when disagreements arise between the beneficiaries of the estate. In this blog post, we will explore a case study of a common scenario faced by many families in Texas, and provide...KEEP READING
The use of durable powers of attorney is a common practice in Texas, allowing individuals to appoint agents to manage their financial affairs in the event they become incapacitated. However, when it comes to joint powers of attorney, financial institutions may be hesitant to honor the document. In this blog post, we will examine the...KEEP READING
Probate is an important but complex process, and it can be a difficult thing to navigate. That’s especially true if you’re unfamiliar with the laws in Texas, where the probate rules can differ significantly from those of other states. If you’re looking to learn more about the Texas probate process, this blog post is for...KEEP READING
Administering an estate in Texas can be a complex and sometimes daunting task. Depending on the size of the estate, it can take months or even years to complete. To help simplify the process, here are four steps that you should follow when administering an estate in Texas. From filing the necessary documents to taking...KEEP READING
As a resident of Texas, you understand the importance of protecting your assets and providing for your loved ones. Estate planning is a critical step in ensuring that your wishes are honored and your family is taken care of after you pass. In this blog post, we’ll outline the benefits of creating a comprehensive estate...KEEP READING
In the legal world, disputes can arise over a variety of issues, and when two cases with similar subjects are filed, the question of jurisdiction often arises. This was the situation in the recent case of In re McGowan, No. 03-22-00726-CV, 2023 Tex. App. LEXIS 168 (Tex. App.—Austin January 11, 2023, original proceeding), which dealt...KEEP READING
The loss of a loved one is a difficult and emotional time, but when it is combined with the responsibilities of managing an estate, the process can become overwhelming. In this article, we will explore a case study of probate in Texas with a video will and highlight some of the important considerations involved. Understanding...KEEP READING
In a world where loved ones are plagued by the cruel afflictions of the mind, such as dementia, it can be a heavy weight to bear the responsibility of their care. But there is solace to be found in the courts of Texas, where multiple individuals can be named as co-guardians, sharing in the burden...KEEP READING