Category Archives: Debts

Protections for Surviving Family in Probate Proceedings

Often times survivors of a decedent are afraid of probate, fearing the small amount in the estate will be eaten up by all the creditors and probate fees.  But in Texas, the legislature has created several protections for a surviving … Continue reading

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Don’t Spend It All in One Place–Making An Inheritance Last

A US study indicates that one in five people who receives an inheritance of $100,000 or more spends it rather than saving or investing at least some of the money. The average person only saves half of what they receive. … Continue reading

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Disinheritance – “Mom always loved you more!”

Occasionally clients will state that they want to leave a natural object of their affection (spouse, child or someone else) out of their will.  This is always a touchy subject and one that must be approached with some sensitivity.  What … Continue reading

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Biggest Mistakes Executors Make

An article published in the Wall Street Journal earlier this year caught my eye.  It is particularly relevant to those who are serving or have been designated in friends’ or family members’ wills, but it is also important for those … Continue reading

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Executor Pitfalls

The Wall Street Journal recently ran an article highlighting some of the difficulties that can arise when a person serves as executor of an estate.  These are just a few of the pitfalls an executor may encounter.  Unfortunately, there are … Continue reading

Posted in Beneficiary designation, Charity, Debts, Estate Planning, Estate Tax, Financial Planning, Inheritance, Probate, Trusts, Uncategorized, Will challenge, Wills | Tagged , , , , , | Comments Off