The simple answer is yes, and it’s referred to as “disclaiming” in legal terms. If you’re thinking about disclaiming an inheritance, you should grasp the consequences of your decision and the steps you need to ensure it’s considered qualified under federal and state law. Not wanting to pay taxes on the assets or ensuring that […]

If you’re reading this, there’s a chance that you or someone very close to you has recently lost a loved one. If the person who died owes money on anything—credit card bills, medical debts, an outstanding mortgage—their estate will work through probate court to pay off those debts.  In most cases, a person’s debts do […]

Contesting a will or probate is possible in certain circumstances. While it may seem like an easy option to challenge the validity of a will, this is never advised unless there are significant reasons to do so.  A will can be contested if enough legal evidence proves its validity. This frequently only occurs when the […]

The term “inheritance tax” has 2 commonly used meanings. Firstly, it could refer to the final tax on property passing from one person to another. It can also be referred to as Estate Tax, which the government imposes upon the death of an individual if that estate exceeds a predetermined value limit. The government imposes […]

Have you recently lost a loved one? If so, probate services are being offered to help you handle probating of wills. Probate services are administered to distribute a deceased individual’s belongings. Sometimes probated assets can include real estate, bank accounts, or even personal items.  The probate process is called probating because it proves that the […]

Probate is the process of transferring legal ownership of an individual’s property after they die. This process allows for families to gain possession of their loved ones’ property. Families can then settle debts and distribute what’s left among themselves as needed. Even if the deceased person left a legally valid will, it must be probated […]

Probate lawyers have typically been hired to probate the estates of people who have passed away. This process, which is governed by probate law, includes gathering assets and paying debts.  Probate lawyers charge for their services in a variety of ways. There’s no one way that all probate  attorneys charge. This is because the rates […]

The process of deceased estate management can be overwhelming for many people. This is because it’s important to know the right steps and what documents should be presented to ensure that everything will go smoothly. For this reason, we’ve created a step-by-step guide for residents who live in Cedar Park, TX, with valuable tips on […]

Probate is the legal process of probating a will and distributing property according to its terms. This can be done by executors, probate attorneys, or other probate professionals. Executors are usually named in a will as an individual responsible for carrying out probate proceedings on behalf of the estate owner. If you live in Georgetown, […]