Can a Surviving Spouse of a Reverse Mortgage Holder Lose the Home?

Reverse mortgages are for many retired seniors a way to remain in their homes while using the equity to pay bills, take vacations, etc. Individuals who enter into reverse mortgage agreements are generally led to believe that surviving spouses are able to enjoy the same benefits, but this is not … [Read more...]

Can a Reverse Mortgage Cause Problems for Heirs?

Reverse mortgages have become very popular among seniors in the real estate industry. With a reverse mortgage, a senior property owner can borrow money using the home for collateral. The feature is that the loan does not need to be repaid until the last surviving homeowner dies or the home is sold. … [Read more...]

What to Know about Probate

Probate has a reputation for being expensive, lengthy, and difficult. While all three of these characteristics can be accurate, the probate process is necessary for the majority of estates. Probate can be very complicated and it is important to hire knowledgeable Bryan probate attorneys to help you … [Read more...]

Probate Shortcuts

Probate can be a long and arduous process. Beneficiaries may be left waiting for an extended period of time before assets in an estate are released by the probate court for distribution, thus causing undue hardship. If you are concerned about a lengthy probate you should consult your College Station … [Read more...]

Undue Influence Claims

Even where a will is admitted to probate in an effort to settle the decedent’s estate, an interested party may bring a challenge to the validity of the will or its specific provisions. One basis to contest a will is a claim of undue influence.   Undue influence claims arise in … [Read more...]

Breach of Fiduciary Duty

The duty of a fiduciary is often referred to as the highest duty under the law. When a trustee, executor or administrator is named to an estate, that person should be of utmost integrity and trustworthy to the fullest degree. A breach of fiduciary duty can cause significant harm to beneficiaries of … [Read more...]

Determination of Heirs

The determination of heirs becomes an issue if a person dies without a will or if the will has been revoked or annulled (“intestate as to the person”) or if a person dies without including a specific asset in an otherwise valid will (“intestate as to property.”)  Under any such circumstance, the … [Read more...]

Death Tax Repeal Act Introduced in House and Senate

Identical bills have been introduced in the U.S. House and Senate that would permanently repeal the federal estate tax and generation-skipping transfer (“GST”) tax. Overview of Current Federal Estate, Gift, and Generation-Skipping Transfer Tax Laws Currently, the exemptions from federal estate … [Read more...]

Probate and Trust Administration

The mere fact that you were named Executor or Trustee by a decedent does not mean you are legally up to the task of handling the probate and trust administration processes. By working with a strong Bryan probate attorney, you will be much better equipped for the challenge, and not feel like the task … [Read more...]

Decanting Statutes and Irrevocable Trusts

Once created, irrevocable trusts are normally unable to be altered. This is the point of such a trust, really, and generally works to the advantage of the grantor and beneficiaries. However, there are situations in which a change becomes necessary. The process of decanting can be quite complex, and … [Read more...]