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  • Common Words in Probate Cases

    Probate Terms A probate case is a legal proceeding to administer the estate of a person who has died. There are common terms in probate cases that you should know. In this article, we will define some of these terms. The following is a list of the most commonly used terms in probate cases: Administrator […]

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  • Can Heirs Force the Sale of Property in Texas?

    While the will may be perfectly clear about the ownership of property, it does not automatically follow that all is well for the surviving owners. This article discusses how heirs can force the sale of property.

    Can one sibling forced sale of inherited house? If a property is left in a will between several beneficiaries, is it legal for one beneficiary to refuse to sell the house? A surviving spouse or child can force a sale of property by bringing legal action against any dissenter. But if the property must be sold, each beneficiary is entitled to sell his or her share.

    Inheriting a House with Siblings

    Here are the steps to go through if all heirs do not agree to sell the property:

    1. The Probate Process: Rights of Heirs to Property

    The first step of the process is to go through probate. The executor of the will is responsible for filing the will with the court and for distributing the assets of the estate to the heirs. If there is no will, the court appoints an administrator. You need to go through probate, and you need the permission of the court and the siblings to sell the house. If the estate is small enough, you can ask the court to use the simplified probate process. Texas probate courts have simplified procedures that you may be able to use if the estate is small enough. If someone else has filed for probate, you need to go through probate court and you need the cooperation of all living heirs.

    2. The Property Appraisal: Can Property Be Sold?

    Homes and buildings can be extremely valuable. An appraisal is a professional’s opinion of the worth of your home or building, based on its market value. The best way to convince your siblings to sell the property is to get an outside appraiser to give you a dollar amount on the home or building. You can then split the wealth between each other and be done with the process.

    3. The Buyout Talk: Heirs Agree to Sell

    Your sibling’s share could be part of your inheritance. If you want to buy that share, go through the will to find out how much they own and whether or not they are willing to sell it. If not, ask them if they would be willing to let you cash out their stake after the sale. If your brother or sister owns part of the inheritance, you might be able to work out a deal where they sell it to you. Talk with them about how much of their share they want to cash out now, and buy it from them.

    4. The Partition Action: Executor Forces a Sale of Property

    A partition action is a legal proceeding in which a court orders the sale of a property. This is a major step that can be emotionally and financially difficult for a family. A partition lawsuit can happen when you share property with other people and do not agree on how to split the assets. A partition lawsuit is a legal process where a property is divided and sold, usually due to disagreement among owners. This process can be expensive and may not result in the outcome you desire. If you do not reach an agreement with the court on a buyout, then your property will be sold at auction. If you appeal, this could result in costly and damaging litigation for both parties.

    Do You Need a Probate Attorney to Settle an Estate in Austin?

    Our probate attorneys are skilled in probate administration and litigation, from the initial delivery of an accurate death certificate to the final distribution of all assets according to the court order. Hire an experienced probate lawyer in the Austin-Round Rock metro area or in the surrounding communities. Contact us on our homepage, and don’t forget to ask about our Free 30-minute probate attorney consultation.

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    Can a sibling force the sale of an inherited property?

    The answer to this question depends on the state in which the property is located. In some states, the surviving siblings have the right to force the sale of the inherited property. If you aren’t interested in keeping your parents’ money, it makes sense to sell. However, if you have siblings, you are going to need all of your knowledge about the market if you want them to join you in selling too.

    What happens if one person wants to sell a house and the other doesn’t?

    If you’re selling a house and your spouse, partner or any other co-owner doesn’t want to sell, this could be a serious problem. You should try to negotiate a buyout agreement with them so you can sell the property and move on. You can also file a lawsuit to compel your spouse, partner or any other co-owner to sell.

    What happens if one sibling doesn’t want to sell your house?

    If a parent owns a house and wants to leave it to her children when she dies, she can just leave it to them in her will. But what happens if the siblings don’t want to sell the house after the parent dies? The property could be held in a family trust or possibly a share of a company that owns the house.

    How to divide parents property?

    Parents are not obligated to leave their property to their children. In the absence of a will, the distribution of property is regulated by the law. There are many reasons why parents may not like to have their children inherit all of their property. If you do not have a will, the state will decide who gets your property after you die. You can set up a trust that distributes your property to another person instead of your children.

    How to divide inherited property between siblings?

    When someone dies without making a will, state law determines how their property will be divided, and their debts will be paid. For example, in some states, if there are no children or other relatives, the property is divided equally among the parents or siblings. When siblings inherit a deceased parent’s property, their desire to divide the property equally puts them in conflict with each other. The key is to figure out the deceased person’s intentions behind the distribution of his estate.

    The post Can Heirs Force the Sale of Property in Texas? appeared first on Austin Probate Attorney, Kreig LLC.

  • Restructured Business Fails Passive Activity Loss Rules

    Successful businesses change over time. We often see this when a business gets ready for the founder or owner to exit the business. The business is often reorganized and maybe even divided up. Various tax strategies come into play to help facilitate the transfer, like the F Reorganization for S corporations. Other plans to minimize… Continue reading Restructured Business Fails Passive Activity Loss Rules

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  • How Community Property Laws Impact the Probate Process

    Community property laws are a factor in many estates that require a probate proceeding. Community property, also known as marital community property, is similar to joint tenancy. Under joint tenancy, both spouses own all property equally, and upon the death of one spouse, his or her interest in the property is automatically transferred to the […]

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  • 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 court receiver to handle the estate. But can you contest a receiver appointed by the […]

    The post Contesting a Probate Court Receiver Appointment appeared first on Dallas Probate Attorneys.

  • Alternatives to Probate: Collecting a Final Paycheck

    Is Probate always necessary?

    To collect a final paycheck there is a simple and inexpensive way to do it. Many of us have all been there before. A loved one has died and you are the one to handle their estate.

    Probate is a process that is necessary in many cases. The Texas Estates Code provides for an inexpensive procedure for a surviving spouse to collect the final paycheck of the deceased spouse by the execution of an affidavit when there is no administration pending of the deceased spouse’s estate.

    If the deceased person’s only asset is an unpaid final paycheck, the process of collection by probate is unnecessary. The Texas Estates Code provides for an inexpensive procedure for a surviving spouse to collect the final paycheck of the deceased spouse by the execution of an affidavit when there is no administration pending of the deceased spouse’s estate. In order to exercise this option, the spouse must first determine that the employer is not covered by a state workers’ compensation law. For example, federal employees are not covered by state workers’ compensation laws and are eligible to use this procedure.

    How to Collect a Final Paycheck

    If a bank account is the only asset of an estate, probate may not be required. The rules regarding whether or not a decedent’s final paycheck is exempt from administration are based on the Texas Estates Code. Under the Texas Estates Code, a final paycheck is exempt from administration if it meets all of the following criteria:

    1. The decedent was domiciled in Texas at the time of death (Texas is the state in which he/she had his/her permanent legal residence);

    2. The decedent’s employer is located in Texas;

    3. No administration has been commenced on the decedent’s estate; and

    4. The check represents wages for services performed within three months prior to date of death.

    The affidavit for collection of a final paycheck must be filed with the clerk of court in the county where the person died. The affidavit may be filed by any person having an interest in the property or an attorney in fact for that person, except that if there is an executor or administrator appointed or qualified, then the affidavit must be filed by that person or by his/her attorney-in-fact.

    Conclusion

    The Texas law provides for an inexpensive procedure for a surviving spouse to collect the final paycheck of the deceased spouse by the execution of an affidavit when there is no administration pending of the deceased spouse’s estate.

    Do You Need a Probate Attorney to Settle an Estate in El Paso, Texas?

    Have you lost a loved one and have no idea how to proceed? Our local Texas attorneys can help you through the probate process. A good probate attorney will guide you through every step of the process from beginning to end. Hire an experienced probate lawyer in the El Paso metro area or in the surrounding communities. Contact us on our homepage, and don’t forget to ask about our Free 30-minute probate attorney consultation. From first steps to final distribution, we handle the entire probate process for you.

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    Related Questions:

    What happens if a will is not probated in Texas?

    If a person dies without a valid will, Texas has laws in place to determine how their estate will be distributed. For example, Texas law requires that the estate goes to the spouse, if any. When there is no spouse, it goes to the children in equal shares. If there are no children or spouse, then it may go to the parents in equal shares, or if both parents are dead then it may go to the grandparents. However, there are instances where the laws of intestacy do not apply. In some cases, the laws of intestacy will not apply. For example, if the deceased person owned property in another state, that state’s laws would govern how the property is distributed. Additionally, if the deceased person had certain types of property, such as a life insurance policy or retirement account, that name beneficiaries, those beneficiaries would receive the property regardless of whether or not there was a valid will in place.

    Can you settle an estate without probate in Texas?

    The answer is “yes”. It may be possible for people to transfer assets quickly and easily as part of a probate avoidance strategy. Approaches vary from state to state, but many of them are faster and less expensive than going through the probate process.

    In 2010, Texas changed its law governing the probate process to streamline the process and eliminate the need for some larger estates to go through probate. This change is known as “Probate Express” or “Self-proving Affidavit.” The new law expanded the types of assets that could be covered through probate express/self-proving affidavit. It also reduced the number of hearings associated with probate express and changed the procedure for determining what could be included through probate express.

    Since the law change in 2010, it has been possible for people to transfer assets quickly and easily without having to go through probate. This is especially beneficial for those with larger estates who would otherwise have to go through the more lengthy and expensive process. The 2013 legislature changed the law again, making it even easier for people to take advantage of this probate avoidance strategy. There are a few reasons why somebody might want to avoid probate. The first reason is that it can be expensive. Attorney fees, court costs, and executor fees can all add up. The second reason is that it can be time-consuming. Probate can take months or even years to complete. Finally, probate is a matter of public record. This means that anybody who wants to can look at the details of your estate and see how much money you have, what property you own, etc.

    For people who want to keep their affairs private, avoiding probate is a good option. There are a few different ways to do this. One way is to set up a living trust. With a living trust, you transfer ownership of your assets into the trust while you’re alive. Then, when you die, the trustee—the person you’ve chosen to manage the trust—can distribute those assets according to your instructions without having to go through probate court.

    Another way to avoid probate is through joint ownership of assets with someone else. This could be done by putting assets in both your name and your spouse’s name or by setting up something called tenants in common where each person owns a percentage of an asset jointly with other people.. For example, if two people own a house as joint tenants with right of survivorship and one dies, the other becomes the sole owner automatically—without having to go through probate court.

    Does an executor have to show accounting to beneficiaries in Texas?

    Probate attorneys are often asked this question. The answer is no, not if there is no dispute between the executor and the beneficiaries. Many times, if there is a trust involved in the estate, an accounting is required by the terms of the trust. If a trust was not involved, but an executor is handling assets of a decedent, the executor may be required by the probate court to account if a beneficiary files an accounting petition with the court.

    The only reason an estate even has to go through probate is if there is a Will and the Will has not been followed exactly as written or if there is no Will at all. Since there are certain boxes that must be checked off in the probate process (home inventory, appraisal, etc.), it makes sense that an accounting is also required. It sounds like you have a very comfort level with your chosen executor, so I’d say to trust his/her judgement on this one.

    How do you process final pay for a deceased employee in Texas?

    Final pay is a tricky thing. How do you quickly and legally process final pay for a deceased employee? This is a question that comes up frequently. In Texas, there are no laws or regulations that govern final pay. However, there are two ways to handle paying the employee: through the Texas Payroll Tax Form – Form SP3, or through an insurance provider, such as TPAF.

    The first step in paying the final paycheck is to figure out the amount of taxes. We must have an accurate gross salary to calculate these taxes. This is why it is important to know if your employee has already paid their own taxes on the income. If they have already paid, you will receive a W-2 from their employer with all the information you need to determine your state and federal payroll tax deduction. Your employee’s gross salary will be calculated on Form SP3 for your state and federal payroll taxes along with any county taxes you may have. If your employee worked in multiple states during the course of their employment, you will need to figure out the final pay for each state. You will use Form SP3 to calculate the gross salary and taxes for each state. Once you have calculated the gross salary and taxes for each state, you will add them together to get the total amount of final pay due to the employee.

    The next step is to determine how you will pay the employee. There are two options: through an insurance provider or directly from your company. If you choose to pay through an insurance provider, they will issue a check directly to the employee. If you choose to pay directly from your company, you will need to write a check yourself and deliver it to the employee.

    Once you have determined how you will pay the employee, you need to fill out a W-9 form. This form provides information about the recipient of payments from your company. The W-9 form must be filled out completely and accurately in order for payments to be processed correctly.

    After filling out the necessary forms, calculating gross salary and taxes, and determining how you will pay the employee, you are ready to process final pay!

    How to probate a will in Texas?

    Probate a will, or trust in Texas is not very difficult for most families. The process being what it is, a will, or a trust is the best way to have property distributed after you die. There’s no way around it. It’s the law, and most people accept it will be done regardless of their feelings on the matter. Often times family members find themselves disagreeing with the terms of the will, or not receiving what they believe they’re entitled to, but they do it anyway because they understand that it’s in their best interest. This also happens when someone passes away and didn’t have a will.

    If you’re wondering how to probate a will in Texas, the process is actually not too difficult. In fact, for most families, probating a will or trust is simply a matter of following the law. While there may be times when family members don’t agree with the terms of the will or don’t receive what they believe they’re entitled to, it’s still in their best interest to go through with the process. After all, without a valid will or trust in place, distributing property after someone passes away can become complicated very quickly.

    The post Alternatives to Probate: Collecting a Final Paycheck appeared first on El Paso Probate Attorneys, Kreig LLC.

  • Undue Influence and Life Insurance Beneficiary Designation

    Introduction When creating a will, a person may rely on a life insurance beneficiary who will be designated to handle their affairs. A person may rely on a life insurance beneficiary if they are unable to read, write, or are in any other way inhibited from handling their affairs themselves. Having a life insurance beneficiary […]

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  • Alternatives to Probate in Texas: Small Estate Affidavit

    Should You Try to Avoid Probate in Texas? Unlike other states, Texas has a plain-language and simplified probate system. This isn’t new. Some version of this layman-friendly probate system has been around since the 19th century. In many other states, people seek to avoid probate with complicated estate planning. That’s not necessary in Texas. The […]

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  • How Many Signatures Does a Will Need for Probate?

    A will allows you to choose how your estate is distributed after you pass away. You can also include instructions for things like guardianship of any children, funeral arrangements and burial instructions. Your will can be as simple or complex as you want, but in most cases you’ll need at least two competent witnesses to sign it. Probate is the legal process that transfers your assets to the people or organizations you name in your will. Get the facts about the probate process and how it affects your estate plan.

    Texas Probate Terminology

    Statute of Limitations, Texas Probate (Estates) Code: four years

    Writ of Error: a demand that a lower court provide a case record to an appellate court. This record can then be reviewed for supposed errors of law that occurred during a judicial proceeding.

    The Probate Case

    Douthit v. McLeroy, 539 S.W.2d 351 (Tex. 1976).

    Facts & Procedural History of the Probate Case

    Nola Mae Douthit applied to have the will of her deceased husband, Taylor Denney Barnett, admitted to probate. The couple’s daughters, Marjorie L. McLeroy and Bonnie F. Cooper, contested the will on the grounds that Mrs. Douthit had failed to submit her application prior to the expiration of the statute of limitations. The Texas Probate Code (later replaced by the Texas Estates Code) requires that the wills be offered to probate within four years of the testator’s death. The will did not contain the signatures of two witnesses as required by the Texas Probate Code. The witnesses signed a “self proving” affidavit, but not the will itself.

    The Probate Court found that the will had been properly executed and that the widow was not barred from presenting the will, despite her failure to meet the statute of limitations. The daughters subsequently appealed to the Court of Civil Appeals. The Court of Civil Appeals reversed, stating that the will had not been properly witnessed and was thus void. Mrs. Douthit appealed, and the Texas Supreme Court stated that section 59 of the Texas Probate Code requires that a will have two witness signatures, but that here the witnesses signed an affidavit rather than the will itself. Without the signatures, it was an error to admit the will to probate. The burden of proof regarding the will’s validity had been properly placed on the widow. Despite the failure of the contestants to plead invalidity and obtain a new trial, and even if the trial court had not erred, the issue of will validity was properly brought before the Court of Civil Appeals. The Supreme Court refused the writ of error and agreed with the judgment of the Court of Civil Appeals.

    The Takeaway

    Douthit v. McLeroy shows that, when seeking to admit a will to probate, the will must include two witness signatures. When improper attestation (admission of a will) is taken to the Court of Appeals, the burden of proof is placed upon the proponent (Mrs. Douthit).

    Do You Need a Probate Attorney to Settle an Estate in Austin, Texas?

    Our probate attorneys are skilled in probate administration and litigation, from the initial delivery of an accurate death certificate to the final distribution of all assets according to the court order. Hire an experienced probate lawyer in the Austin-Round Rock metro area or in the surrounding communities. Contact us on our homepage, and don’t forget to ask about our Free 30-minute probate attorney consultation.

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    How many signatures do you need on a will UK?

    It is advisable to sign any will in any jurisdiction to make it valid. The reason for this is that a will can be contested if it is not signed and there is no clear evidence that the deceased intended to dispose of their estate in the way they have done.

    Will signed by two witnesses?

    A will is a legal document where you can list your last wishes so that your property and belongings go to the right people after you die. A will is legally binding if it meets the legal requirements of your state. The best way to make sure your will is legally binding and that your assets are distributed as you intended is to have it signed by two witnesses. This will make it much harder for someone to challenge your will after you die.

    Is a notarized will legally binding?

    In the case of a will, it’s only legally binding if it meets the legal requirements of your state. State law determines the legal validity of a will. The requirements for a valid will vary from state to state. These requirements ensure that your will is binding, and that your intentions are followed after your death. To make sure you’re eligible to write a valid will, contact an attorney in your area.

    Who can witness a will?

    A will is a legal document that states how you would like your estate to be distributed after you pass away. If you die without a will, your estate will pass to your next of kin by the laws of intestacy. Two witnesses are required to witness your will in order for it to be valid. There is usually a will ceremony as part of a valid will requirements.

    A handwritten will is a legal will in the state of Texas. A handwritten will is also known as a holographic will. A handwritten will can be written by you. This legal document is filed in the court of your residence. The handwritten will does not need to be witnessed or notarized, but it does need to be signed by you and two other people who are present when you sign the document. The holographic will is filled out in the same way as a formal typed document. A holographic will does not need to be typed or printed and can be written on anything that can be written on including a napkin, receipt, and even scrap pieces of paper.

    What happens if a will is signed but not witnessed?

    If you do not have two witnesses when you sign your will, it is not valid. You should sign your will in the presence of two witnesses. To prove your will is valid, you must provide the names of two witnesses who also signed it.

    The post How Many Signatures Does a Will Need for Probate? appeared first on Austin Probate Attorney, Kreig LLC.