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Kendall and Bexar County Estate Planning

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Do Heirs Have to Pay Debts from an Estate?

First, debts in a person’s estate are payable from the decedent’s assets in the course of administering their probate estate or administering their living trust estate.
Posted on: May 31, 2023
living trust Will document signing

Transfer on Death Isn’t Always a Smart Estate Planning Strategy

A primary benefit of using TOD/POD designations is that assets held in the account will pass automatically to the beneficiary without having to go through probate.
Posted on: April 28, 2023

What Is Probate Court?

Probate court ensures that a will is executed according to the wishes of the individual who has passed away.
Posted on: April 17, 2023
Wills and Trusts

Why It’s Important to Update Your Estate Plan

“It is a common misconception that once the estate plan is prepared and executed, it does not require any further attention.” When someone dies without having updated their estate plan for many years, the executors often face a difficult task of administering a disorganized and incomplete estate. At best, the executor needs additional time and […]
Posted on: March 29, 2023
Will and trust

You Need a Completed and Properly Prepared Will

“Although executing a will can seem overwhelming, when the document is signed, you can rest assured that you have given clear instructions to those who will have to handle your estate after your death.” The first two essential estate planning documents are the durable power of attorney for legal and financial matters, followed by a […]
Posted on: March 24, 2023
credit cards

What Happens to Credit Card Debt when Someone Dies?

If you get bogged down with a high balance that you can’t easily afford to pay off, it can take years to get out of debt. However, what happens to your credit card debt, if you die before you’ve repaid it?
Posted on: January 24, 2021
family siblings meeting

How Can Siblings Settle Disputes over an Estate?

Unfortunately, due to hidden resentments, siblings still tend to end up in court suing each other and losing great chunks of their inheritance in the process all too frequently.
Posted on: October 17, 2020
outside of court of law

What Is Involved with Serving as an Executor?

My aunt recently asked me to be the executor of her will when she dies. I’m flattered that she asked, but I’m not sure what exactly the job entails.
Posted on: September 17, 2020
estate planning IRA legacy planning trust will tax

What Happens to Debt when You Die?

Creditors typically try to collect on unpaid debt, by going after the decedent’s estate during a process called probate.
Posted on: September 14, 2020
Texas special needs trust

Do I Need a Revocable Living Trust?

Do you ever worry about how your beneficiaries will manage their portion of their inheritance when you pass away? One solution that allows you to still exert some control over your money–even after passing–is with a revocable living trust (RLT).
Posted on: April 23, 2020
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