One thing which will virtually guarantee your estate will go through probate is real property. That’s right, if you own your home in your name individually (meaning you have not created an entity like a trust or LLC, and have not transferred the property’s title to that entity), then your estate will need to go […]
Real estate
Using Real Estate Deeds in Estate Planning from Austin Estate Planning Attorney Liz Nielsen
When using trusts in estate planning, a key element includes transferring the trustmaker’s real estate into the trust by recording a real estate deed with the local recording authority. This step is crucial for ensuring that the trustee has the authority to manage and ultimately sell or transfer the property should the trustmaker become incapacitated […]
Untangling Tangled Title: Homeownership, Property Deeds, and Estate Planning from Austin Estate Planning Attorney Liz Nielsen
Do you really own the home you live in? If you are currently living in a property that you inherited, but the deed has not been transferred into your name, you may be surprised to learn that, under the law, you are technically not the owner. This legal situation is known as “tangled title.” A tangled […]
Affidavit of Heirship in Texas by Estate Planning Attorney Elizabeth Ziegler
If you are trying to sell a house that you inherited, it is possible that you are considering signing an Affidavit of Heirship. An Affidavit of Heirship is an alternative to probate in Texas that is generally used when someone dies without a will, no probate administration has been completed, and the only asset of […]