Blog


Feb

22

2024

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Advance Care Planning Tools To Help Avoid Probate

Posted by: Adair M. Buckner

Sometimes, even when a person has drawn up a Will, probate of the Will may not be necessary. Advance planning with probate-alternative documents can avoid the need for probate in many cases.

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Feb

15

2024

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What Is A Muniment Of Title Probate, And When Is It Appropriate?

Posted by: Adair M. Buckner

Texas law provides for a shortened, less complicated, less expensive form of probate in specific circumstances. This is called probate as a muniment of title. It is a simple process compared to a full, regular probate.

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Feb

1

2024

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When Can You Do A Small Estate Affidavit Procedure In Texas?

Posted by: Adair M. Buckner

Has a loved one passed away without a Will? In some cases, you can avoid a lot of frustration by using a Small Estate Affidavit to legally transfer assets at very little expense to you.

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Jan

24

2024

image for Do You Have a Blended Family? Estate Planning is Critical for You

Do You Have a Blended Family? Estate Planning is Critical for You

Posted by: Adair M. Buckner

Estate planning is especially important for people with blended families in the state of Texas. Without a Will, probate issues can be complicated and the result may not be what the deceased person might have wanted. If you have a blended family, here's how to provide for your estate to pass as you desire.

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Dec

7

2023

image for Do I Need A Trust? - When You Should & Shouldn't Set Up A Living Trust

Do I Need A Trust? - When You Should & Shouldn't Set Up A Living Trust

Posted by: Adair M. Buckner

I am frequently asked by prospective estate planning clients, "Do I need a trust?" The answer is the classic one: It depends. They are not a one-size-fits-all solution. Whether setting up a living trust is a good idea for you should be discussed with an estate planning attorney who has full knowledge of your assets, family circumstances, and desires.

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Oct

11

2023

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Why You Should Start Estate Planning In Your 20s

Posted by: Adair M. Buckner

Estate planning isn't just for rich or older individuals. Even young, single 20-somethings should start thinking about how their property will be distributed in the event of a tragedy. Drawing up an estate plan is not as much an action you need to take for yourself, but one you should take for your loved ones. There are 4 elements of an estate plan you'll need to draw up: a Will, a Statutory Power of Attorney, a Medical Power of Attorney, and beneficiary designations.

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Sep

20

2023

image for Prenups Aren't Just For The Rich And Famous. 5 Reasons To Have A Prenuptial Agreement

Prenups Aren't Just For The Rich And Famous. 5 Reasons To Have A Prenuptial Agreement

Posted by: Adair M. Buckner

It is a common misconception that prenuptial agreements are only for the rich and famous. The truth is, a prenup can benefit couples in a number of situations, even for us common folk.

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Aug

11

2023

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What Is A Sole Proprietorship?

Posted by: Adair M. Buckner

A sole proprietorship is a business operated by one individual (or a couple). The business is considered an extension of the individual (or couple), not a separate entity. The business profits and losses are included on the individual's personal tax return, and the individual retains personal liability for the business debts and lawsuits.

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May

3

2023

image for What Is The Simplest Probate In Texas When There Is No Will?

What Is The Simplest Probate In Texas When There Is No Will?

Posted by: Adair M. Buckner

If your loved one died without a Will, transferring his or her assets to beneficiaries can be quite difficult. If no action is taken, assets will not be properly transferred and the beneficiaries will have to take some legal action down the road to straighten out the situation. In some cases, a costly determination of heirship proceeding and dependent administration of the estate may be required.

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Feb

22

2023

image for Should You Consult An Attorney Before Signing A Real Estate Contract?

Should You Consult An Attorney Before Signing A Real Estate Contract?

Posted by: Adair M. Buckner

The price you pay for this advice before signing a contract can easily save you many thousands of dollars and lots of headaches and trouble in the future. A review of a standard residential purchase contract generally would not be more than a few hundred dollars. More complicated contracts, of course, would cost more to review or draft, but the cost would still be far less than any negotiation or litigation later to address problems that arise.

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