by Keith Hajovsky | Jul 24, 2024 | Estate Administration, Intestate - Dying Without A Will, Probate, Wills
Getting a will makes financial sense. As I mentioned in my article Why Do I Really Need A Will? one of the main reasons you should have a will in place is to help prevent your estate and heirs from spending a lot more money on legal fees and court costs. This is...
by Keith Hajovsky | Jul 10, 2024 | Estate Administration, General Estate Planning, Non-probate Assets, Probate, Trusts, Wills
Having a will does not necessarily mean that all of your assets will get divided per the terms of your will. Assets that pass according to the terms of your will are called probate assets, and assets that do not pass through your will are called non-probate assets....
by Keith Hajovsky | Jun 12, 2024 | Estate Administration, Intestate - Dying Without A Will, Probate, Wills
If someone dies without a will, where do their assets go? As I mentioned in my blog piece, Why Do I Really Need A Will?, one of several reasons you should have a will in place is that if you die without a will in Texas then state law forces the courts to use very...
by Keith Hajovsky | May 22, 2024 | Estate Administration, Intestate - Dying Without A Will, Probate
If someone dies without a will and certain specific criteria are met, then a small estate affidavit can be used to take care of an estate. You can still apply to the court to probate an estate without a will, but it’s usually much more time consuming and expensive to...
by Keith Hajovsky | Apr 17, 2024 | General Estate Planning, Probate, Trusts, Wills
If you have life insurance or plan to buy some, then you should definitely discuss it with your estate planning attorney. Whether you have the payout on the policy go directly to an individual beneficiary, to your estate, or to a trust, life insurance plays a...
by Keith Hajovsky | Apr 10, 2024 | Estate Administration, General Estate Planning, Living Trusts, Probate, Testamentary Trusts, Trusts, Wills
An executor and a trustee play very large and important roles in your estate plan. But what’s the difference between an executor and a trustee? Knowing what their roles are can help you make better choices for these positions. An executor is the person you name in...
