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When a family member dies without a will, they have died "intestate." The distribution of an estate for someone who dies intestate occurs according to the rules of intestate succession. What is the family situation? Estate distribution depends on if the deceased had...
If you enjoy giving back, such as by donating to your church, your alma mater or your favorite charity, you may wish to consider establishing a charitable trust so as to make these donations in a more structured manner. FindLaw explains that you can choose to...
A Texas fiduciary takes care of the administration of the assets within a trust. If you are a trust beneficiary and the administrator acts inappropriately or fails to perform their duties, you may have grounds for a claim. According to the State of Texas, trust...
Having an estate plan can give you a place to document financial goals, clarify asset distribution and share your final wishes. Using the information you provide, those in charge of closing your estate can know precisely what to do. Contrary to what some have said,...
Writing a will is perhaps one of the most important things you can do as a new parent. Yet, being young and in the prime of their lives, writing a will is rarely something new parents think to add to their to-do lists. Such an oversight could prove costly. In the...
If you are thinking about tying the knot, you should take many factors into consideration, especially when it comes to your finances. Couples often encounter a number of financial hurdles during the course of their marriage, and financial challenges can place strain...
Many people plan to retire in their home states and towns, but if you are among the more money-savvy crowd, you know that doing so may not be in your best financial interests. You know that some states are more “retirement friendly” than others when it comes to taxes....
Marriage is one of the biggest decisions you will make. As you prepare to spend the result of your life with your partner, you may also want to take steps to protect your interests if the relationship does not last. With the many misconceptions people have about...
An estate plan might sound like something reserved for high-profile figures or generationally wealthy families, but, in reality, they are something that most people need. The planning process can include writing a will, designating a power of attorney and signing a...
If you have a family, it is important to put together an estate plan that has protections in place for family members in the event something happens to you. The right plan protects assets, saves on taxes and looks out for your children. Every situation is different,...
