by Keith Hajovsky | Jul 17, 2024 | General Estate Planning, Trusts, Wills
“When Do I Need To Update My Will?” If you already have will in place, then kudos to you for taking the time to help protect your family and assets! However, life circumstances can easily change to the point that it really is important to update your will...
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 1, 2024 | Estate Administration, General Estate Planning, Intestate - Dying Without A Will, Wills
Why do I really need a will? I imagine just about everyone has at least thought about getting a will at some point in time, but many studies show that over half of all adult Americans do not have even the most basic estate planning documents. I think a big reason that...
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 | 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...
