In Texas, a homestead is excluded as a resource (if not in a revocable living trust) …
Probate & Estate Planning
The ABCs Of NFTs
Hundreds of millions are now invested (over $1 billion in sales) in the NFT (non-fungible token) ……
Deferring Property Taxes for Those Over Age 65
If you are over 65, you can choose to defer paying your property taxes on your homestead. This almost sounds too good to be true, but realize, it is a deferral of taxes, not a forgiveness of them. However, if…
When Can a Judge Transfer a Case to Probate Court?
After a loved one dies, their property must go through probate court in order to be transferred to the rightful heirs. If you are named as the executor in the will, you will be responsible for ensuring that the process…
Death and Property Taxes
Spring is in the air, so what is that foul odor? Could it be the stench coming from your property tax reappraisal? It is true that death and taxes are inevitable, but property taxes are particularly inescapable. Somehow, someway, somebody…
Is an Executor a Party of Interest?
An executor is a person who has the legal right to manage an estate during and after the probate process. An executor is also referred to as an administrator, personal representative or estate trustee. But is an executor a “party…
What are the Inheritance Rights of Half-Siblings When Someone Dies Without a Will?
By Rania Combs
When someone dies without a Will in Texas, the deceased person’s property is distributed according to a statutory formula found in the Texas Estate Code.
According to the intestacy statutes, siblings inherit only if a person does not have…
Do I Have To Pay Taxes On An Inheritance From A Foreign Relative?
By Rania Combs
If you have close relatives, like parents, who are citizens and residents of a foreign country, there is a chance you might receive a gift or inheritance from them at some point in your life. You may wonder whether you…
Contesting a Probate Court Receiver Appointment
What Is a Probate Court Appointed Receiver? A probate court receiver is an impartial third party who oversees a deceased person’s estate. If you’re the executor of an estate, you may have to ask the court to appoint a probate…
When is it Proper to Use a Small Estate Affidavit?
By Rania Combs
A small estate affidavit is a legal document that can be used to transfer property to heirs without a formal probate. Not all estates qualify for small estate administration. Heirs can use a small estate affidavit in only limited circumstances.…