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Protecting Your Legacy

February 2018 Archives

Probate can serve many purposes in Texas

After a person's death, his or her financial affairs can still go on for an extended period of time. Many aspects of the estate will need addressing, and most likely, probate proceedings will need to take place. This process can take time and much effort to complete, and surviving Texas family members may face complications as well.

Updating beneficiaries may help prevent probate issues

While many people may understand that estate planning helps their loved ones understand their end-of-life wishes, they may have less knowledge on how estate plans play into certain legal proceedings. For instance, probate is a legal process through which estates must go in order to validate wills, attend to debts and distribute assets. However, complications can easily arise for surviving family during this process.

Should you try to avoid probate?

Probate may be one of the most confusing aspects of estate planning. Some see it as an important legal process, and others do everything possible to avoid it. The average estate will go through probate, which proves the validity of your will, verifies the identity of your heirs and provides time for your creditors to claim what you may owe. While all of this is important, the process is slow, and this means your heirs may spend months or longer dealing with it.

Estate administration struggles may result due to digital assets

Most Texas residents undoubtedly have a myriad of online accounts. From personal social media pages to work-related platforms to online banking, numerous aspects of life can be carried out through electronic devices. In many cases, this ability also means that individuals store photos, messages, important documents and other information using these accounts. Though it may seem useful and easily accessible, executors may feel differently when trying to conduct estate administration.

Are stepparents and probate litigation related?

Having parents who have divorced and remarried is a common scenario for many Texas residents. In some cases, relationships with stepparents may grow, and the bonds they form may be strong. However, in many instances, individuals -- especially older children -- may not bond with a parent's new spouse, and issues could arise. Stepparents could even impact whether probate litigation occurs after a biological parent's death.

Aldrich Law Firm, PLLC

Aldrich Law Firm, PLLC
8700 Crownhill Blvd.
Suite 200
San Antonio, TX 78209

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

8700 Crownhill Blvd. | Suite 200 | San Antonio, TX 78209
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