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Nov

19

2024

image for Probate Process In Texas Is Not That Scary: The 6 Steps Of Texas Probate

Probate Process In Texas Is Not That Scary: The 6 Steps Of Texas Probate

Posted by: Adair M. Buckner

The thought of having to do a probate for a deceased loved one is often scary. Although the legal process can appear complicated, an experienced probate attorney can comfortably guide you through the process. There are 6 steps you will need to follow, including filing the Will, attending a hearing, sending a notice to creditors, and distributing your loved one's Assets according to the terms of the Will.

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Oct

24

2024

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What Is A Small Estate Affidavit Proceeding And What Does It Cost?

Posted by: Adair M. Buckner

In this series of blogs, I am outlining various different types of probates or probate alternatives to settle an estate and their likely costs. As I mentioned in the introduction to this series, the cost is predominantly determined by the type of procedure followed.

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Oct

24

2024

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The Average Cost Of A Determination Of Heirship Proceeding In Texas

Posted by: Adair M. Buckner

In some situations where a loved one passes away without a Will, you may need a determination of heirship in order to pass on their estate. If you find yourself in this situation, make sure you have an experienced attorney to guide you through the steps involved. Otherwise, it is easy to feel overwhelmed by the process.

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Sep

9

2024

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Top 10 Reasons You Need A Will

Posted by: Adair M. Buckner

There are many reasons people put off creating a Will. However, this decision can cost your family a lot of money and heartache in the long run. It can also lead to your estate being distributed in ways that you would not want. Drawing up a Will provides a number of benefits, from allowing you to choose exactly how your estate will be distributed to providing for stepchildren or restricting the rights of the surviving spouse to change a joint plan for the distribution of assets.

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Aug

2

2024

image for The Top 5 Reasons People Put Off Drawing Up A Will (And Why You Never Should)

The Top 5 Reasons People Put Off Drawing Up A Will (And Why You Never Should)

Posted by: Adair M. Buckner

Preparing a Will is a smart, compassionate, financially wise, and easy thing to do. So, stop making excuses, and do it! Anyone who has been through settling an estate for a loved one who failed to make a Will can attest to how much they would have preferred the alternative.

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Jul

25

2024

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What Do I Do If A Loved One Dies Without A Will?

Posted by: Adair M. Buckner

When a loved one dies without a Will in Texas, you have three options: 1) if statutory requirements are met, a Small Estate Affidavit probate, 2) a formal court Determination of Heirship and estate administration, or 3) an informal Affidavit of Heirship document. These are the steps involved in these proceedings, as well as best practices to follow.

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Jul

10

2024

image for Is There More Than One Type Of Probate For When There Is A Will? [Probate Q&A Video Series]

Is There More Than One Type Of Probate For When There Is A Will? [Probate Q&A Video Series]

Posted by: Adair M. Buckner

There are two types of probate where there is a Will in Texas that can be followed to distribute a loved one's estate after he or she passes away. Formal probate is a longer, more complex process. On the other hand, probate as a muniment of title is a simple and affordable way to ensure your loved one's assets are distributed as required in the Will. The type of probate applicable to your situation will depend on a number of factors.

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Jun

20

2024

image for Probate As A Muniment Of Title In Texas: What Is It & What Does It Cost?

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

Posted by: Adair M. Buckner

If your loved one died with a Will, there are several different types of probate available in Texas. 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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Jun

13

2024

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When Is The Cost Of A Living Trust Not Worth It?

Posted by: Adair M. Buckner

One of my biggest pet peeves over the years has been the over-selling of living trust packages to folks doing their estate planning. There are definitely times when a living trust is a good estate planning tool. However, for many individuals a living trust is an unnecessary expense.

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Jun

6

2024

image for How Much Probate Costs With And Without A Will In Texas

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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