Executors are legally obligated to act in the best interest of the estate and its beneficiaries when discharging their duties during probate. In other words, they owe a fiduciary duty, given their crucial and sensitive role in administering the deceased’s estate. A...
If you’re preparing for or in the midst of divorce, you may not be thinking about how it affects your estate plan. If you are, you may have it down as something you’ll get around to dealing with after the divorce is final. The thought of looking at even more legal...
The Centers for Disease Control and Prevention analyzes car accident statistics, among much else. What they find is that teenagers are the age group with the highest risk for causing fatal accidents. This is a disproportionate statistic because their fatality rate is...
When writing an estate plan, you have to consider what life will look like for your child if you pass away unexpectedly. Often, young parents will decide to address their estate plan right after a new child is born because they suddenly have a different outlook on the...
Are you planning on doing some traveling this summer? Unless you’re lucky enough to own a camper home, that probably means you’ll be staying in a hotel – or maybe several of them throughout your trip. Safety is always important when you’re choosing your accommodations...
There is a lot to consider when estate planning, so it is easy to forget things. One thing you don’t want to forget is any of your assets. Leaving assets unaccounted for could cause problems when you pass. Here are two sets of things to remember to account for:...
The Texas Advance Directives Act (TADA), as originally written, was considered far from perfect and even confusing by a number of groups, from medical professionals and hospitals to right-to-life groups. Specifically, there’s been debate around its provisions...
Nursing homes are a popular housing option for those who require specialized care and assistance with daily activities in their later years. While these facilities are supposed to be safe havens for seniors, instances of abuse and neglect can unfortunately occur,...
An executor should work closely with the beneficiaries when performing their duties. But this is not always the case. These two parties can conflict, which can result in serious measures, such as the removal of the executor. Below are two factors that can contribute...
Nobody wants to buy a property with title issues due to the risk of loss or unintended financial consequences. Therefore, it’s crucial to ensure you have a clear title when selling your home. A clear title means you have full ownership of the property, and that there...