by Keith Hajovsky | Dec 23, 2025 | 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 | Dec 17, 2025 | Asset Protection, General Estate Planning, Trusts, Wills
If you plan to leave assets to your children then it’s definitely a good idea to create either a testamentary trust or a living trust for them in your estate plan, especially if they are minors or possibly even if they are still young adults. It’s generally not a good...
by Keith Hajovsky | Nov 26, 2025 | 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 | Oct 15, 2025 | 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 | Oct 8, 2025 | 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 | Oct 1, 2025 | 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...
