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Top 3 Ways to Leave Your House to Your Child in Your Estate Plan

Top 3 Ways to Leave Your House to Your Child in Your Estate Plan If you own your home, then you may be curious about your estate planning options. Choosing to leave your house to your child after you pass can offer him or her security and financial stability. In Texas, you can do this in several different ways. An estate planning attorney in Austin can help you pick the option that …

What to Look for When Searching for an Estate Planning Lawyer

What to Look for When Searching for an Estate Planning Lawyer When you have numerous assets and multiple beneficiaries, contacting an estate planning lawyer is a necessity. After all, you want to ensure that your wishes are carried out exactly as you outline them. But what exactly should you look for when searching for an estate planning lawyer? Here are some important things to consider: Look …

Top Five Estate Planning Tips for Unmarried Couples

Top Five Estate Planning Tips for Unmarried Couples Marriage makes life easier in many ways. If one partner in a marriage becomes incapacitated, then the other spouse can make important healthcare and financial decisions for that person. If one spouse passes away, then any community property passes to the remaining spouse. Unmarried couples often do not have many of these rights. As a result, …

Types of Probate Courts in Texas

Types of Probate Courts in Texas There are a variety of types of courts in Texas that have jurisdiction over different kinds of cases. In this article we will generally discuss the Texas court system and explain how probate courts fit within that structure. Austin probate lawyer Farren Sheehan is experienced in court settings and can assist with probate and other …

The Lessons Celebrity Estate Planning Mistakes Teach Us

The Lessons Celebrity Estate Planning Mistakes Teach Us Movie and comic book fans alike are grieving the passing of Marvel Comics former publisher and chairman, Stan Lee. The 95-year-old is known for co-creating superheroes like Captain America, the Fantastic Four, the X-Men and Spider-Man. However, in his final years, Lee was plagued by financial issues that may put his estate in jeopardy. Here …

Should You Include Digital Assets in Your Estate Plan?

Should You Include Digital Assets in Your Estate Plan? On October 26, 2018, one bitcoin was worth $6,392.71. Back in 2013, that price was hovering between $50 and $300. If you got onto the cryptocurrency bandwagon early, then it’s very possible that you made a lot of money, and Bitcoin isn’t the only game in town. Ethereum, Litecoin, Monero and Dash are just a …

What Are My Responsibilities as an Executor of a Will?

What Are My Responsibilities as an Executor of a Will? When R&B legend Aretha Franklin died, her fans and music lovers around the world were wondering why her funeral was delayed for weeks. Unfortunately, Franklin did not leave a will, and her four sons were left to determine how her assets and property would be allocated. An important component of a will is to have …

What Is the Process of an Informal Probate?

What Is the Process of an Informal Probate? The process of probate involves the compensation of any final expenses and the transferring of property and estate assets to beneficiaries after a person dies. Probate is a legal process, but it doesn’t mean that a probate judge has to be there along every step of the probate process, nor does it mean that you …

Why Is a Will Important for the Future of Your Estate?

Why Is a Will Important for the Future of Your Estate? Have you prepared a living trust or a will? If not, then you are not alone. A Caring.com survey estimates that only 42 percent of American adults have put together their estate planning documents. This is pretty startling considering what can happen if your estate falls into probate. Take the case of famous Texas real …

What Are Some Common Misconceptions About a Power of Attorney?

What Are Some Common Misconceptions About a Power of Attorney? In estate planning, a power of attorney is a written legal document that offers power and authority to another person over specific things on your behalf. It allows another person to “step into your shoes” with tasks that can be either very general or extremely specific. In order to be considered a power of attorney, …