Blog


Sep

10

2020

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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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Aug

20

2020

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Do I Need A 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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Aug

6

2020

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3 Reasons You May Need A Guardianship

Posted by: Adair M. Buckner

Guardianships are a complicated legal proceeding. Most people have no clue exactly how complicated and expensive they are. In some situations, however, a guardianship is required to manage the affairs of a loved one.

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Jul

23

2020

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Do I Have To Probate If There Was A Will?

Posted by: Adair M. Buckner

I have addressed in another blog several steps that can be taken as part of the estate planning process that help avoid the need for probate. If those steps were not taken, a full probate still may not be needed.

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Jul

2

2020

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The Average Cost Of A Determination Of Heirship Proceeding In Texas

Posted by: Adair M. Buckner

A small estate affidavit will not always work, however. In some situations, you may need a determination of heirship. 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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Jun

25

2020

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When Is A Living Trust A Waste Of Money

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

11

2020

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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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Jun

4

2020

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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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May

21

2020

image for COVID-19 Pandemic Reminds People They Are Mortal: Estate Planning Is Really Important Now

COVID-19 Pandemic Reminds People They Are Mortal: Estate Planning Is Really Important Now

Posted by: Adair M. Buckner

If you've listened to the news over the last two months, you've learned that the COVID-19 virus can strike just about anyone just about any time, regardless of how careful you are or how healthy you are. The initial presumption that COVID-19 was only a serious concern for elderly, otherwise health-compromised people has proven untrue. Because of that, I have received lots of calls from clients of all ages who suddenly realized it might be time for them to look at doing their estate planning.

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May

14

2020

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Why Parents Of Young Children Need Wills

Posted by: Adair M. Buckner

Most young parents don't want to even think about the possibility of death and see no need for estate planning. However, if a tragedy struck and both parents of minor children were killed, the situation left for their loved ones to deal with is extremely complicated, expensive, and emotional.

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