Probate Explained
Jul 16, 2021When someone dies, that individual leaves behind an estate that consists of all assets owned by the decedent at the time of death. Probate is the legal process by which those assets are ultimately tra...
See Full Guide
Houston, TX
Estate planning Lawyer at Houston, TX
Practice Areas: Estate Planning, Contracts & Agreements ... +2 more
When someone dies, that individual leaves behind an estate that consists of all assets owned by the decedent at the time of death. Probate is the legal process by which those assets are ultimately tra...
See Full GuideExecuting a Will ensures that the State of Texas will not determine what happens to your estate assets after you are gone. To Prevent the State from Deciding What Happens to Your Assets Executing a Wi...
See Full GuideProbate is the name given to the legal process that eventually transfers those assets to the new owners. What Is Probate? Most people leave behind an estate when they die. That estate consists of all...
See Full GuideOne thing that all trusts have in common is a Trustee who is appointed by the Settlor. A Trustee is responsible for managing and investing trust assets while overseeing the administration of the trus...
See Full GuideWhat Is a Living Trust? A trust is a relationship whereby property is held by one party for the benefit of another. A Settlor (also referred to as a "Grantor" or "Trustor") transfers assets into the t...
See Full GuideThe federal gift and estate tax is essentially a tax on the transfer of wealth. Every estate is potentially subject to the federal gift and estate tax; however, every taxpayer is also entitled to an e...
See Full GuideIn addition to the Federal Estate Tax, many states have a State Estate or Inheritance Tax. State Estate and Inheritance Tax may apply at a much lower level than the federal tax. It may apply when a pe...
See Full GuideVeteran's pension program provides monthly benefit payments to certain wartime veterans with financial need, and their survivors. The veterans pension program is a needs-based benefit paid to a wartim...
See Full GuideIn this legal guide, Houston estate planning attorney Steve Mendel talks about the importance of updating your estate plan. Marriage If you get married, you will probably want to include your new spou...
See Full GuideAs more Americans become entrepreneurs, they discover that wise business planning is essential to their success today and their financial security tomorrow. Why Is Business Succession Planning Necessa...
See Full Guide