Probate is the legal process of supervising the disposition of the estate of a deceased person. In most probate proceedings, the will of the deceased is presented to a court, and in the absence of any challenges, is used as the basis for most of the decisions regarding division of property, care of minor children, […]
Estate plans can do much more than just protect financial assets. They can be very effective instruments when families face issues that may require legal applications, such as a family law problem or a looming divorce. Divorce proceedings can be particularly problematic when couples divorce late in life or after being married for several years […]
Depending on how the testator expressed their wishes to allocate property, you may be required to go through the probate process before receiving your inheritance. Trust accounts and insurance policies do not pass through probate. However, if the inheritance was left to you in a will, the will must be filed in probate court. The […]
Estate planning offers a sense of security to people at all stages of life. In addition to passing your property and assets to your heirs, you can ensure that your wishes for end-of-life care and other important issues are clear. Here are the documents that almost everyone can benefit from: Wills Wills detail who should […]
Estate planning is a crucial step for a person to take. The estate planning process can include the creation of what is known as an irrevocable life insurance trust. There are a variety of benefits that can be realized through establishing an irrevocable life insurance trust. Creating an Irrevocable Life Insurance Trust The creation of […]
In the state of Texas, an estate is defined as all of the assets that a person owns at the time of his or her death, including cash, life insurance, stocks, bonds, real estate and other types of assets. When someone refers to the probate of a person’s estate, that would be the process by […]
One of the many considerations in the task of estate planning is establishing just how the estate’s assets will be distributed. There are several primary methods of asset distribution: The Will A will is the most common method of asset transfer for most estate planning purposes. Simply put, a will is a legal document that […]
If you are serious about your will or trust, then you need to hire the services of an experienced estate planning lawyer from Jackson Law Firm. An estate planning attorney understands the importance of making sure that your will or trust is properly worded, drafted and signed. Here are three key reasons why you should […]
An estate plan is a way of securing your finances and assets in the event that you are unable to do so due to disability or death. Estate planning is not only for the rich and famous as perceived by many. It is for everyone who owns anything of value, whether it is a personal, material, or […]
You should begin planning for the future of your assets and loved ones now. Organize all your legal documents and ownership titles. For more information click here
