In the states that allow them, such as Texas, Lady bird deeds are a relatively simple and useful tool that should be used more often. The In re Estate of Maggie Williams Turner, No. 06-17-00071-CV (Tex. App.–Texarkana 2017), case provides an opportunity to consider the benefits of these types of deeds. Facts and Procedural History…
Tag: estate planning
Can a Minor Child Open a Bank Account in Texas?
There are times when a minor or child needs to open a checking or savings account. This begs the question, can a child legally open a bank account? Texas law addresses this. Minority Laws in Texas Generally In Texas, an individual is a minor if they are younger than 18 years of age. The law…
Example of Why a Will Needs to be Updated After Divorce
The Haga v. Thomas, No. 01–12–00218–CV (Tex. App.–Houston (1st Dist.) 2013) case provides an example of why wills need to be updated after divorce. While Texas law provides a remedy for when a will names a former spouse as executor and beneficiary, as demonstrated in the court case, the remedy does not always apply. Facts and…