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1 day ago · If you decide that you don’t want to use a lawyer and wish to create the document yourself, there are multiple resources to make your will online. A quick internet search will show you several online will-making services. We have partnered with FreeWill to provide easy, accessible, and FREE estate planning.
6 days ago · According to Section 306.002 (c) of the Estates Code, administration is necessary when: (1) there are two or more debts against the estate; (2) there is a desire for the county court to partition the estate among the distributees; (3) the administration is necessary to receive or recover funds or other property due the estate; or.
6 days ago · Probate is the legal process to distribute a person's property after they die. With court approval, the will is validated, the debts are paid, and the rest of the property passes to the heirs. If there is no will, the estate may still have to go through probate. Texas has several types of probate methods.
3 days ago · These disputes can result in lengthy legal battles, further diminishing the estate’s value. Why You Should Have a Will. Given the potential consequences of dying without a will, it’s clear that everyone should have one, regardless of the size of their estate. Here are some compelling reasons to create a will: 1. Control Over Your Estate:
3 days ago · When planning to create a living will, it’s crucial to account for potential additional costs that might arise. One such cost is the fee for notarization, which is required in some states to make your living will legally binding. Notarization fees can vary, but they typically range from $10 to $20 per signature.
6 days ago · Nonprobate property skips the probate process completely. The assets are transferred directly to the beneficiaries according to a contract or deed. The court doesn't have to approve nonprobate transfers. Examples of nonprobate property include: Assets with Designated Beneficiaries. This can include life insurance, retirement accounts like 401 ...
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1 day ago · Election day is Nov. 5. Here is everything you need to know about casting a ballot in Texas. The Nov. 5 election is quickly approaching, and Texans will have the opportunity to vote for several ...