Texas Legal Wills » texas probate law http://texaswills.com Texas Legal Wills - Estate Planning In Texas for Wills, Trusts, Probate, Online Wills Sun, 01 Jan 2012 05:46:15 +0000 en hourly 1 http://wordpress.org/?v=3.3 What You Need to Know About Texas Probate Law http://texaswills.com/texas-probate-law/ http://texaswills.com/texas-probate-law/#comments Fri, 06 Mar 2009 05:10:33 +0000 http://texaswills.com/?p=376 There are a lot of different aspects that you need to know about Texas probate law in order to be able to settle the estate of someone who has recently passed away. You will also want to know about this law if you are trying to make plans for what is going to happen to your estate when you die. There are a lot of people who fail to plan for their death and leave their family and loved ones in a bind as a result. If you do not do any type of estate planning then you could leave behind some enormous bills that have to be paid, debts on property, and other debts that have to be paid by your family. This is something that nobody wishes on anyone, so make sure that you know about this type of law before you die.

A lot of people have Texas probate law questions that they want to get answered but do not know where to turn. There are lawyers in Texas that practice this type of law who will be able to help you with any questions or problems that you might be facing. Some of these lawyers will offer you a free consultation where you will be able to go into their office and ask any questions you may have and discus what you are planning to do. If you do not have a plan then the lawyer can help you put one together.

There are a lot of things that a Texas probate lawyer will be able to help you with if this is an area that is giving you trouble. Some people have a complicated estate and may not know the best way to protect their loved ones from paying a lot of taxes on it and other things. There are a few things that a lawyer can do for you that will help you to be able to shelter your money and other assets from a lot of taxes that it would otherwise be subject to.

Sometimes a person dies unexpectedly and does not have a will. If this has happened a person who is trying to figure out what to do will need to refer to the Texas probate law intestate. If someone does not have a will when they die they are considered intestate which means that the rules that the state of Texas has set will determine how the estate is divided up. This is another area that a lawyer will be able to give some assistance in. Just let the lawyer know that you need help with Texas probate law no will and the lawyer will know exactly what you are talking about.

Texas probate law can be very confusing if you are just an average citizen who has not spent years of their life in law school. It is however, one of those laws that is likely to effect the majority of people who are close to someone that dies. Make sure to consult a lawyer in order to know how you should proceed with taking care of the estate of a deceased person or to do estate planning and take care of your own.

]]> http://texaswills.com/texas-probate-law/feed/ 0 Texas Probate Wills http://texaswills.com/texas-probate/ http://texaswills.com/texas-probate/#comments Sun, 15 Feb 2009 23:09:01 +0000 http://texaswills.com/?p=93 Probate is the legal process of verifying your will and estate administration. If your will isn’t proved in court it is denied probate and your estate will pass to heirs as if you never wrote a will. In Texas, probate can last multiple months and last much longer before all of the property is distributed.

Texas probate court is where your will is validated and where the personal representative of the estate is appointed.

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Duties of the Estate Administrator consist of:
1. collection of the assets
2. payment of debts and claims against the estate
3. payment of estate taxes
4. determination of heirs if the decedent died without a will; and
5. distribution of the remainder of the estate to those entitled to it

Married couple’s assets that are held as community property avoid probate and are passed to the surviving spouse.

Other assets that can avoid probate are ones that are passed-by-contract or are held in trust. Non-probate property that gets passed-by-contract include assets such as IRAs and life insurance proceeds. Trust assets are transferred under the terms of the trust.

Your Texas Will and Probate work together to ensure that your assets are administered according to Texas Probate Code.

More information can be found here regarding Texas Wills.

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