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Category Archives: Debts
Common Probate Misconceptions
Probate is a term that refers to the process of a court determining the validity of a will, usually appointing a person to administer the estate according to that will, and often overseeing that administration. Many of the details of … Continue reading
Posted in Advance Directives, Beneficiary designation, Debts, Estate Planning, Inheritance, life insurance, Probate, Trusts, Wills
Tagged bank account, death, inheritance, probate, trusts, wills
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Spousal Protections in Texas Probate
Many people think there is no reason to have a will because the surviving spouse will inherit everything from a deceased spouse. But in many cases where there is not a will, that is not the case. Particularly when the decedent’s … Continue reading
Posted in Community Property, Debts, Estate Planning, Exempt property, Family Allowance, Homestead, Probate, Separate property, Wills
Tagged community property, death, exempt property, family allowance, homestead, incapacity, minors, separate property, surviving spouse
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Debts After Death
Dealing with the death of a loved one is difficult enough without the added pressure of creditors calling you to collect on the deceased person’s debts – most frequently credit card debts. But can a bank collect a credit card … Continue reading
Posted in Community Property, Debts, Financial Planning, Inheritance, Probate, Separate property, Trusts, Wills
Tagged bank account, beneficiary, community property, executor, inheritance, probate, separate property, trusts, wills
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Planning for the Long Term
As with so many aspects of planning for our futures, many people try to hide their head in the sand when it comes to planning for living a long life that might involve a period of time when our expenses … Continue reading
Posted in Debts, Elder Care, Estate Planning, Financial Planning, life insurance
Tagged elder care, estate planning, financial advisor, life insurance, long term care insurance, long term planning
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Do You Know Your Probate Terminology?
The Dallas Morning News had a great column this week written by Virginia Hammerle on terms heard when talking about probate. I am reprinting below that entire article. Cracking the code The special language of probate LEGAL TALK TEXAS At … Continue reading
Posted in Debts, Estate Tax, Income Tax, Inheritance, Probate, Tax, Wills
Tagged administrator, death, executor, income tax, probate, taxes, wills
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