Responsibilities for an Executor of a Will in Texas
In the state of Texas, serving as an executor of a will is a role that carries significant responsibility and
1533 N. Lee Trevino, Suite 201 - El Paso, TX 79936
1533 N. Lee Trevino, Suite 201 - El Paso, TX 79936
In the state of Texas, serving as an executor of a will is a role that carries significant responsibility and
Another compelling aspect of Lady Bird Deeds is their impact on gift tax liability.
One of the primary advantages of setting up a trust is that it allows for seamless transfer of assets without going through probate,,,
To establish a Dynasty Trust in Texas, grantors typically fund the trust with assets up to the federal gift tax exemption limit.
Whether you’re the executor named in the will or a beneficiary, it’s essential to familiarize yourself with the Texas probate laws.
It’s important not to overlook the significance of properly titling deeds as part of your estate plan.
When someone assumes the role of a fiduciary, they are legally bound to exercise care, loyalty, and diligence in their duties.
Two common options are a relative trustee or an individual trustee, such as a family member or close friend, and a professional trustee, such as a bank or trust company.
Under Texas law, you have the power to designate a guardian for your children in your will.
The IRS ruling on trusts and property inheritance is an important topic for individuals seeking clarity on the tax implications…