In this video:
In the state of Texas, a married person who has children or doesn’t have children can leave his/her estate as community property to his/her surviving spouse upon death. When a married couple agrees in writing that all or part of their community property goes to the surviving spouse, this is called a survivorship agreement.
If you have children and are unmarried at the time of death, all of your birth or adopted children share your estate equally as long as paternity is not an issue. Without a will, your grandchildren will receive nothing unless their parents are deceased also.
If property other than real property must be transferred to your heirs’ names, simpler methods cannot be used. It has to go through a court process to be completed. Then a costly application a proceeding to declare heirship will need to be filed with the court.
The deceased person’s estate owes the debt. If there isn’t enough money left cover the debt, it may go unpaid. You may be responsible for the debt if you: co-signed the obligation; live in a community property state, such as California; are the deceased person’s spouse & state law requires you to pay a particular type of debt, like some health care expenses; or were legally responsible for resolving the estate & didn’t comply with certain state probate laws.
Under the FDCPA, collectors can contact & discuss a deceased person’s debts with the surviving spouse, parents (if the deceased was a minor), guardian, executor, & any other person authorized to pay debts with assets from the deceased person’s estate.
We will go over all the necessary documentation needed for a valid will here in Texas, we will aid in the correct verbiage, and assist you with things you can, and cannot do with a will. This makes quirky laws and verbiage that can be scrutinized to a minimum.
You can name things and personal property in a will, assets and other things, that are not contractually bound. A lot of things like IRA’s and other contracts have a beneficiary named in them that cannot be overridden in a will.
We are a San Antonio Real Estate Law firm that offers fixed fee rates for a variety of legal transaction services, including Owner Finance & Wraparound Closings, Foreclosures, Deeds & Releases, Real Estate Contracts, Title Issues & Judgments, Wills & Estates, Probate & Administration, & LLC Formations. If you need help assessing your case give our office a call.
Victor has been doing real estate transactions as a lawyer since 2002 & as an investor himself since 2003. There are a lot of nuances with real estate & we hope that if you have any questions to contact us during regular business hours. Along with being a Real Estate Attorney, Victor is also a Real Estate Broker, making his expertise long standing & efficient.
We are a San Antonio Real Estate Law firm that offers fixed fee rates for a variety of legal transaction services, including Owner Finance & Wraparound Closings, Foreclosures, Deeds & Releases, Real Estate Contracts, Title Issues & Judgments, Wills & Estates, Probate & Administration, & LLC Formations. If you need help assessing your case give our office a call.
Victor has been doing real estate transactions as a lawyer since 2002 & as an investor himself since 2003. There are a lot of nuances with real estate & we hope that if you have any questions to contact us during regular business hours. Along with being a Real Estate Attorney, Victor is also a Real Estate Broker, making his expertise long standing & efficient.
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Located on IH-10 Between Huebner & De Zavala off Woodstone: 11815 W IH-10 #107, San Antonio, TX 78230
Located on IH-10 Between Huebner & De Zavala off Woodstone: 11815 W IH-10 #107, San Antonio, TX 78230
Fields marked with an * are required
Located on IH-10 Between Huebner & De Zavala off Woodstone: 11815 W IH-10 #107, San Antonio, TX 78230