Many clients have asked me how to insure that a bank account or investment account passes to a particular person (spouse or child) without having to wait until a Will is probated. First, I would like to remind you that the amount of time its takes to probate an estate in Texas depends to a great extent on the type …
Continue reading “Joint Accounts with Right of Survivorship”
Can I first just say, “WHEW!” I am glad I am not still in law school. The Rule Against Perpetuities was one of those subjects the law school professor loved to “hide the ball” with us on. That is to say, confuse us to the point our heads hurt. The rule Against Perpetuities is a …
We all procrastinate. However, when it comes to estate planning, and particularly drafting a Will, it seems to get worse. Many couples think they are too young to need a Will or any kind of estate planning. But, as I have discussed in earlier columns and this is driven home to me every …
On June 4, 2021, Governor Abbott signed House Bill 365, which modified the Farm Animal Liability Act (FALA) to ensure that it does apply to working ranches and in situations involving injured ranchers and ranch hands, among other changes. All ranch owners should pay careful attention to the changes which modify the scope of application …
The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstances. Just this past week our community lost another young soul. Please remember …
When making the first appointment with clients to discuss their estate plan we are commonly asked “What should I bring?” Therefore, I thought that would be a good subject for this week’s column. Your first meeting with an estate planning attorney can be daunting. Nobody really enjoys talking about their own death with a complete …
Continue reading “What Should You Bring to Your Estate Planning Attorney?”
The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstances. While telecommuting has been around awhile now, we live in a whole …
The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstances. Previously, I have written about the importance of having a Texas power …
Recently a couple consulted with me regarding their bed and breakfast. While they normally do not go beyond the nightly bed and breakfast, they recently leased out their property for a wedding. Unfortunately, a guest has claimed to have been injured at the wedding. While their contract called for the lessee to provide insurance for …
Continue reading “Importance of Reading Your Insurance Policy”
What would you do if you found out someone filed a fraudulent deed with regards to your property? A deed filed by a minor or a person forging a signature of a deceased person purporting to convey the property. Such a fraudulent deed is a void deed, but that does not mean it has no …
