by Keith Hajovsky | Mar 12, 2025 | Estate Administration, General Estate Planning, Non-probate Assets, Probate, Wills
In 2015 the Texas legislature created a new way for people to transfer ownership of real estate at the time of their death with what is called a Transfer on Death Deed (TOD). [also see A Lady Bird Deed Protects A Home Medicaid Recovery] The way it works is that the...
by Keith Hajovsky | Mar 5, 2025 | Estate Administration, General Estate Planning, Non-probate Assets, Probate, Wills
It’s very important to keep in mind that usually not all of your assets pass through your will. This is something that many people don’t realize. And this can potentially cause BIG problems. Assets that don’t pass through your will are called non-probate assets. These...
by Keith Hajovsky | Feb 26, 2025 | Estate Administration, General Estate Planning, Non-probate Assets, Probate, Wills
Most people incorrectly believe that the money in their bank account will automatically pass through their will in whatever way the will dictates. However, it is very common for a bank account to be opened either as a JTWROS (“joint tenants with right of...
by Keith Hajovsky | Feb 5, 2025 | General Estate Planning, Wills
Is Estate Planning Expensive And Time-Consuming?: Given that almost two-thirds of Americans do not have a will, I think that many people believe that estate planning is too expensive and time-consuming and therefore not worth it. If you have a very large and/or...
by Keith Hajovsky | Jan 29, 2025 | General Estate Planning, Marital Assets, Probate, Wills
Because of the important community property and separate property issues that come up in estate planning and probate, I often get asked “What is considered a common law marriage in Texas?” It’s a good and important question, especially since more people than ever are...
by Keith Hajovsky | Aug 5, 2014 | Wills
As many of you know I have been practicing law again for the last three or four years. It’s been great getting back in the saddle, helping people solve their problems. And one of the most exciting things about practicing again is having discovered how much the...