by Keith Hajovsky | Apr 24, 2024 | Asset Protection, General Estate Planning, Trusts, Wills
At the state level, there is not an estate tax in Texas to be concerned about by anyone, but at the federal level there is. However, less than 1% of the population in Texas or even in the United States needs to worry about this. This is because even though an estate...
by Keith Hajovsky | Mar 27, 2024 | Non-probate Assets, Probate, Wills
Life insurance is often a significant part of someone’s estate. So does life insurance pass through a will? The short answer is that usually proceeds from a life insurance policy pass directly to whomever was designated as the beneficiary or beneficiaries on the...
by Keith Hajovsky | Mar 20, 2024 | Estate Administration, General Estate Planning, Probate, Wills
Are handwritten wills legal in Texas? Handwritten wills, also know as holographic wills, can be legal in Texas if written properly. It can be better than not having a will at all. But it’s certainly not the best way to have a will. For a handwritten will to be legally...
by Keith Hajovsky | Feb 28, 2024 | General Estate Planning, Wills
A few years ago I took a trip to Peru, and on that trip I took some of my father’s ashes with me. He had recently passed away, and he had made it very clear to us that he wanted to be cremated rather than buried. He likewise let it be known that he wanted his ashes...
by Keith Hajovsky | Nov 29, 2023 | Estate Administration, General Estate Planning, Probate, Wills
I always tell clients to make sure their will is in a safe place that can be easily found by the right person or people when needed. For example, if someone thinks that there is a good chance that their will might get lost or destroyed, then they can file it for...