Probate is a complicated subject; however, Texas provides some valuable options for estate administrators. For example, according to Estates Code Ch. 402 Sec. 402.002, the executor may act as an independent administrator without the court’s approval. This means you...
Guiding You Through Complex Legal Matters
Guiding You Through Complex Legal Matters
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Things to know about child custody cases
Experiencing a divorce is difficult for all parties involved, but it can be especially taxing for children whose routines might change significantly from their normal routine. It is important for children to feel as safe and secure as possible during the process of a...
Standards of value apply to the family business in a divorce
If you and your spouse own and operate a family business, this asset will become a focal point during the property division phase of your divorce. Unless you plan to continue as co-owners following the divorce, you will need to know how much the business is worth to...
Want to avoid probate? Ways to plan
Probate is the legal process that proves a will is a valid document. Typically, the probate court appoints a representative to handle the estate and distribute the assets according to the details of the will. You may want to avoid probate to minimize costs, reduce the...
3 detrimental financial mistakes to avoid during divorce
The U.S. News & World Report states that while sources approximate $15,000 as the median cost of a divorce, once you add up all extraneous expenses it ends up being considerably higher. It also warns that court filing fees alone may rack up to several hundred...
During divorce, the discovery process may uncover hidden assets
In Texas, most types of assets that either spouse acquires during marriage automatically become “community property” that both spouses own equally, including real estate, retirement accounts and investments. During divorce, the court tries to divide community assets...
Not all guardianships are the same
A guardian is responsible for the health and welfare of another. Guardians are mostly associated with an adult caring for a child after a parent's passing. Under Texas law, a guardianship may extend to another adult. There are circumstances when petitioning the court...
Does the location of your custody exchange matter?
If you have joint custody of your kids, known in Texas as a joint managing conservatorship, you must swap the kids when your parenting time begins and ends. During your divorce, you and your soon-to-be ex-spouse likely have wide latitude to negotiate the location of...
3 common myths about the probate process
Your will is a legal document that outlines how to distribute your assets after your death. If you die without a will, the court may decide how to allocate your belongings instead of abiding by your personal wishes. Your estate will undergo probate after you die,...
4 ways to make co-parenting work after divorce
The Texas Family Code states that allowing both parents to jointly share custody is in the best interests of their children, unless other circumstances could hamper the children's emotional or physical well-being. This is one of the reasons you may consider...