Texas has certainly become a prime destination for Americans. For many older adults, it holds some of the same draws that individuals benefit from when they move to a state like Florida. For instance, like Florida, Texas has no income tax and relatively warm weather....
Estate Administration
& Probate
Estate Planning
Real Estate Law
Business Law
Probate And Estate Administration
Understanding the Power of Attorney
You may have heard the phrase "power of attorney" before and may associate it with someone giving another person permission to make legal decisions for them. While that is part of it, a power of attorney is the most critical estate document you will ever sign. People...
3 ways a lawyer can help out-of-state executors in Texas
You grew up in New Mexico, and so that is where you still currently live. However, your parents eventually moved to Texas. Losing a parent is difficult in any situation, and choosing to serve as the executor of their estate will mean that you have a lot of obligations...
2 risks for out-of-state executors of estates with real property
Although Arizona and Florida are arguably the states best known for high densities of snowbirds, they are far from the only state where retirees flee from colder Northern climates. Texas has quite a few older adults pursuing the later stages of their career or their...
Can creditors hold you accountable for debts not paid in probate?
Agreeing to serve as the personal representative or executor of someone's estate means committing a lot of your time for very little compensation. You will need to attend court, make repetitive phone calls, send legal notices and hand out property to the beneficiaries...
What does out-of-state estate administration mean for taxes?
Some people move to Texas for retirement. Other times, family members spread out to other states as they become adults and start families of their own. Having generations of the family living in different locations will make socialization a bit more of a challenge....
Can you probate a foreign will in Texas?
When you have will that was not drawn up in Texas but the person who that will is for has passed away in Texas, you may need to probate the will in Texas rather than the state where it was drawn up. The will, despite being created in the USA, is called a foreign will....
Understanding your power of attorney options in Texas
When you’re building an estate plan, one thing you should think about is who you’d like to have as your power of attorney. In fact, there are several kinds of power of attorney that you may want to use, and you could choose to designate several people to fulfill those...
Will living out of state increase the taxes on a Texas estate?
Trying to manage a Texas estate from another state is a difficult task. You may require professional support in Texas just to make remote estate administration feasible. From securing property to learning about state laws, you may have a lot of work in your immediate...
Can you turn down the role as an executor if you’re out of state?
Being assigned as your loved one’s executor doesn’t automatically mean that you have to fulfill that role. In fact, you have every right to turn it down. When you live in another state, you may find that it’s difficult to deal with the estate, probate and other...