Blog


Oct

25

2022

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Probate As A Muniment Of Title: What Is It & What Does It Cost?

Posted by: Adair M. Buckner

There are several different types of probate in Texas where a loved one dies having a Will. The complexity of the proceeding and the cost varies widely depending on which type of probate you can or must use to pass your loved one's estate. The simplest and least expensive type of probate is known as a "muniment of title" proceeding.

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Aug

18

2022

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What Happens If You Don’t Probate A Will In Texas?

Posted by: Adair M. Buckner

Probate can be costly and complicated. Unfortunately, not probating a Will could cause your family more stress in the long run. If your loved one has passed away and left a Will behind, you may find yourself in a situation where this is the case.

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Jul

6

2022

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The Difference Between Statutory Transfer On Death Deed & Lady Bird Deed

Posted by: Adair M. Buckner

Two terms are used in the state of Texas to describe a deed that automatically transfers title to real estate you own on your death a transfer on death deed and a Lady Bird Deed (LBD). The distinction between these two deeds is subtle, but very important.

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Jul

6

2022

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Slick Trick In Texas To Transfer Real Estate Without Probate

Posted by: Adair M. Buckner

Texas law has recognized an estate planning trick that is extremely effective and low cost, called a deed with an enhanced retained life estate or “Lady Bird” deed. This tool can be used for all types of real estate interests.

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May

5

2022

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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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Apr

25

2022

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 frequently am asked by prospective estate planning clients, "Do I need a trust?" The answer is the classic one: It depends.

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Mar

31

2022

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6 Compelling Reasons to Have a Living Trust

Posted by: Adair M. Buckner

There are at least six really good reasons for you to have a living trust in your estate planning package.

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Mar

11

2022

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

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 called probate as a muniment of title. This funny-sounding procedure really means that your loved ones will is officially recognized as valid by the probate court and placed of public record as notice to third parties to honor the terms of the will for transfer of property. This is a very simple process compared to a full, regular probate.

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Mar

3

2022

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How Much Probate Costs With And Without A Will In Texas

Posted by: Adair M. Buckner

Many people are afraid of drawing up a will and doing other estate planning because of the perceived high cost. The truth is, drawing up a will is a small cost compared to the cost of probate of an estate if you die without a will and own almost any property.

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Feb

24

2022

image for The Cost Of Probate As An Independent Administration In Texas

The Cost Of Probate As An Independent Administration In Texas

Posted by: Adair M. Buckner

An independent administration is the form of probate available when a will contains the proper legal provisions authorizing the independent administration of the estate. This means you can avoid extensive court supervision of the handling of the estate once the will has been admitted to probate.

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