When a Texas estate is in probate, the probate court appoints an executor to oversee the administration of the estate. If there was a will, the testator (person writing the will) typically names the executor whenestate planning. If the testator did not have a will, the court appoints an a...
Rocket Lawyer will introduce consumers to local attorneys at discounted rates. Robert Perez, a lawyer in Magnolia, Texas, who lists his services on the website, said that consumers should have an attorney review any do-it-yourself will, “just to be on the safe side.” Chas Rampenthal, th...
If you have heard the term “living trust" floating around, you've probably wondered, “Do I need a living trust?" As with many legal questions, the answer is “maybe," so let's talk more about what a living trust is, how it differs from a last will, and
Some couples might be wary of prenups because it feels like they’re planning for divorce before the marriage has even started. However, protecting yourself — and each other — in case of divorce doesn’t mean you’re aiming for it, just like writing a will doesn’t mean you’re hoping...
Privacy.Revocable living trusts are private, unlike a will, which is submitted during the probate process to public record. Control.The grantor can act as trustee—and also appoint co-trustees—to maintain control of their assets during their lifetime. However, it's important to also name asuc...
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The probate court will fill in the gaps, appointing people to provide care and oversee the money. Minnesota is the only state that does not recognize statutory pet trusts, but Beyer expects that to change. The downside of a statutory pet trust is it doesn’t let you leave detailed ...