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probate & estate administration Archives

J.P. Morgan owes big after sloppy estate administration

After the death of a loved one, many Texas residents may have trouble dealing with the necessary steps to close the estate. The situation can be even more difficult if the deceased individual did not leave behind any kind of estate plan. In some cases, surviving family members may hire outside parties to handle the estate administration, but unfortunately, the professionals may not always act as they should.

Hefner's kids, charities benefit from estate administration

After any death, it is often necessary to ensure that the person's estate is properly closed. Estate administration can entail a variety of tasks, but the aspect that interests most people relates to property distribution. Estates estimated at considerable values often garner particular attention, and many Texas residents may have their eyes on what will happen to the estate of recently deceased Playboy founder Hugh Hefner.

Estate administration concerns could lead to litigation in Texas

Even years after a person's death, there can be many aspects of an estate that need addressing. If the deceased utilized trusts or other documents to protect assets, it is not unusual for trustees or other parties to be in charge of estate administration duties for some time. However, this also means that issues could potentially arise if a person believes that the administration is not being properly addressed.

Texas executors may find estate administration intimidating

After the death of a spouse or other close loved one, the last thing on many Texas residents' minds is dealing with paperwork. Unfortunately, paperwork can play an important role in ensuring that a person's estate administration goes smoothly. Though it may seem difficult, having the right information in order could help individuals get through necessary legal proceedings in a timely manner.

How long does probate take?

The death of a loved one is a heavy time, and sometimes the weight can become a burden. While the funeral and celebrations of a person's life may give you some sense of relief, the process of finalizing your family member's estate may drag out your ability to find closure, preventing you from truly moving forward.

Probate administration notice provides info to interested parties

Multiple steps must be followed according to state law in order to effectively close a deceased individual's estate. Most Texas residents know that wills and other documents must be examined and property must be distributed, but there are other actions that need to take place as well. For instance, a public notice of probate administration must be provided.

The right info may make probate easier for Texas residents

Though most people have an estate that will need attending to after their deaths, it is not unusual for individuals to not know how that task will be carried out. Estate planning can help create details for Texas family members to follow when it comes to property distribution and other information, but those family members may not know what it means to go through probate. As a result, they may easily become overwhelmed and confused.

Carrie Fisher estate administration may face complications

Once a loved one passes away, surviving family members and other individuals may have considerable interest in who will inherit the estate. Often, the outcomes of estate administration are not surprising, but complications could arise under certain circumstances. Texas residents may be interested in potential issues with the estate of late actress Carrie Fisher.

Estate plan issues may cause Texas estate administration problems

The majority of Texas estates will go through the probate process unless individuals take steps to keep their estates from such legal proceedings. However, many parties do not choose to follow such a route. In fact, numerous people either do not estate plan or have mistakes in their plans that result in issues when it comes to estate administration. 

Beneficiary designations may impact estate administration

The details of a person's estate plan can lay out his or her hopes for how the remaining estate will be addressed. Though Texas residents likely have the best of intentions when it comes to bequeathing items to family and other loved ones, if they do not consider their beneficiaries carefully, issues could arise. Unfortunately, surviving family members will likely have to handle the resulting estate administration complications.

Aldrich Law Firm, PLLC

Aldrich Law Firm, PLLC
909 NE Loop 410
Suite 602
San Antonio, TX 78209

Phone: 210-418-1150
Fax: 210-598-7221

909 NE Loop 410 Suite 602
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