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11Texas Trust Estate Planning
02
Jun

Does Adding Class Descriptions to a Texas Will Create Class Gifts?

When drafting a will in Texas, it’s important to carefully consider how your property will be distributed after your passing. One important aspect to consider is whether to create a class gifts by adding class descriptions to your will. But what exactly is a class gift and how does it work in Texas? It’s important...
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11overview of texas probate law
02
Jun

An Overview of Texas Probate Law

Introduction to Probate Law When a person dies, their assets must go through probate before they can be distributed to the beneficiaries. Probate is the legal process of distributing a person’s assets after they die. If the deceased person had a will, the probate court will follow the instructions in the will. If the deceased...
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11golden gavel
02
Jun

Are You an “Interested Party” After Receiving Benefits from a Will?

The distribution of assets after someone passes away can be a complex and contentious process. This is particularly true when it comes to interpreting a will. One issue that can arise is whether someone who has already received benefits from a will is still considered an “interested party” in the estate. If they are not...
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11two people with pen and paper
02
Jun

How to Inherit Life Insurance in Texas

Inheriting life insurance can provide financial security for loved ones in Texas, but it’s important to understand the legal requirements and processes involved. From designating a beneficiary to filing a claim and receiving the death benefit, there are certain rules and regulations to follow. Life insurance inheritance in Texas, including the death benefit, beneficiary rules,...
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11Court house
02
Jun

Sidebar Arguments in Probate Litigation are Grounds for a New Trial

Probate litigation cases in Texas can often be heated, emotional, and contentious affairs. In the heat of the moment, inappropriate comments can be made that unduly sway the jury, leading to unjust outcomes. In this context, it’s important to understand that inferences may be drawn based on evidence, but an inference itself is not evidence....
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11Muniment of Title
02
Jun

What is a Texas Affidavit of Heirship?

An affidavit of heirship can be a useful tool for heirs who want to avoid the time and expense of the probate process, as well as protect their rights and ensure a smooth transfer of property. It is usually only used when the estate consists of real estate–not bank or other financial accounts–and the decedent...
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11
02
Jun

Estate Planning for Texas Student Athletes in the NIL World

Previously, college athletes could not share in the revenue generated by their universities, however, a landmark Supreme Court ruling in 2021 enabled them to earn advertising revenue based on their name, image, and likeness (“NIL”). This ruling has opened doors for student-athletes who, because of the change in NCAA rulings, can now make money off...
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11
02
Jun

How to Use the Bill of Review in Probate Disputes

The probate court gets it wrong sometimes. When it does, and it issues a final order, the parties usually have the right to appeal the order. There are times when one or more parties do not have notice of the probate court order and miss the deadline to file the appeal. This is where the...
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11Man's hands signing a paper
02
Jun

Is Your Texas Will Invalid?

Creating a will is crucial to ensure that your assets are distributed according to your wishes after you pass away. In Texas, however, it’s not enough to simply draft a document and call it a will. A will must meet certain legal requirements to be considered valid. Failing to meet these requirements can result in...
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11Aging Parent with Dementia
02
Jun

Inherited Retirement Accounts: The Basics

If you’re like most people, you probably don’t think too much about what would happen to your retirement account if you died. But it’s actually a pretty important question, especially if you live in Texas. Inheriting a retirement account can be a significant financial asset, but it also comes with several complexities and tax implications....
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