When Sarah lost her husband in Houston last year, she learned that their joint will caused unexpected problems. It stopped her from selling their home to pay for medical bills. This story shows why Texas estate planning attorneys often advise against joint wills. Top Insights for This … [Read more...]
What Happens if You Die Without a Will in Texas?
Creating a will lets you decide how your estate will be handled when you pass away. A will is an important part of end-of-life planning. But many Americans die without a will. In fact, about 60% of people in the U.S. do not have a valid will. A valid will is a legal document. It stays effective … [Read more...]
Does a Spouse Automatically Inherit Everything in Texas?
When your spouse passes away in Texas, you might assume you'll automatically inherit everything. But the reality isn't always so straightforward. Various factors come into play, from community property laws to the existence (or absence) of a will. And let's be honest - navigating the legal … [Read more...]
The Ultimate Guide to a Texas Will Based Estate Plan: Simplify Your Future
A will-based estate plan uses a will to handle your assets and final wishes after you pass away. This article explains what it includes, its advantages, its drawbacks, and how it compares with other estate planning tools. Key Points Summary Key Points A will … [Read more...]
Who Pays the Mortgage on a House in a Trust
Dealing with a mortgage after a loved one passes away raises many questions. One common question is, who pays the mortgage on a house in a trust? This article addresses this concern, offering guidance on trust-owned properties, especially for those with revocable living trusts. We'll cover Texas … [Read more...]
Can I Set Up a Trust Without My Spouse? Legal Guide
Life throws curveballs. Sometimes, these curveballs involve considering complex legal tools like trusts, even if your spouse isn't on board. So, can I set up a trust without my spouse? Yes, absolutely. However, it depends on several factors like your financial goals, the types of assets involved, … [Read more...]
3 Documents Every College Student Needs in Texas
Heading to college is a significant milestone in a young adult's life. It is a time filled with new experiences and opportunities. However, it is also often a time of new autonomy from your parents in the eyes of the law. Preparing certain legal documents can protect you in emergencies and provide … [Read more...]