There are various ways by which you can pass on your assets without probate. A probate estate does not include any account or policy with a beneficiary designation or joint ownership with rights of survivorship. At the time of death, these assets pass on to the person already designated in the will or the joint […]
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Do you have questions about putting real estate in trust? Well, this interesting case of Maxey v. Maxey will answer them for you. What is Maxey v. Maxey About? This is a Texas appellate case about a dispute between two sisters who couldn’t reach an agreement on dividing property among different trusts. The sisters then
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Transferring property to the people and the charity of your choice has been made easy via estate planning too; a living trust. But here is one thing to remember. Your assets would be held in the name of the trust and not in your name. That being said, it is crucial to name your trust
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Families often have members that are willing to influence assets distribution for the sake of personal gains. These black sheep may be known or hidden from other members of the family. whether you are sure about a black sheep in your family or have doubts about one, this article is exclusively for you. You are
4 Things to Remember in Estate Planning About “Black Sheeps” in Family Read More »
The recent case of In Re Estate of Tillotson has taught us some valuable lessons. This is what happened in the court. The Case of In Re Estate of Tillotson. Thomas Tillotson appealed the trial court’s order about the motion filed by his deceased wife’s administrator. The court had earlier approved the inventory, appraisement, and
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