What Texans Need to Know About Power of Attorney

Just about everyone understands what a Last Will and Testament is and the purpose it serves. That legal document is the foundation of many people’s estate plans, but it is also not the last word on estate planning for plenty of people. Another estate planning document that might be important for you, your family, and your property is a power of attorney. There are several types of power of attorney; we’ll go over Read More

Why is Title Insurance Necessary?

Many states require buyers of real property to purchase title insurance. Texas, however, is not one of them, though your mortgage lender might require you to purchase a policy to protect their interests.  Because title insurance is not required for real estate transactions in Texas, many buyers take the short-term savings, believing that having title insurance (or at the very least obtaining a title report) is a Read More

What Happens if You Pass Away Without a Will?

The basic purpose of estate planning is to have a distribution plan for your assets in your estate. Many estate planners have a Last Will and Testament, which bequeaths certain assets (like a house, car, bank account) to beneficiaries. Estate planning can accomplish other things, like naming successor guardians for minor children, shielding assets from lawsuits and creditors, and avoiding probate court Read More

One Way to Avoid Probate Court in Texas? Using an Affidavit of Heirship

A universal truth among all adults who own any assets or have children is that they should have an estate plan. A Last Will and Testament is all many people need. Unfortunately, many people also pass away without any estate planning documents in place.  This situation can trigger a long and costly process in probate court, but there are ways around this. If your parent or loved one passed away without Read More