Sometimes a will turns out to be fraudulent. As you probably know, a fraudulent will cannot be enforced. Rather, a will that is deemed fraudulent may be challenged by the interested parties. Here are some of the red lights that may be indicative of a fraudulent will....
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Dying intestate: Why don’t more people write a will?
A will is relatively simple and cheap compared to some other estate planning options, and it can cover several things. Despite this, many people do not have one. About 68% of Americans, that’s nearly one out of three people, die without a will (also called dying...
2 steps that cause estate problems
A will makes it easier for people to disperse their estate to their family and loved ones after they pass away. People usually write wills during their life at some time or another. This legal document may only be a few pages, but every detail matters – in more ways...
What should a single person consider when estate planning?
Adults who aren’t married and who don’t have any children have some very important decisions to make when it comes to their estate plan. Without having everything in order, their assets will be handed out based on the state’s intestate laws. You also have to think...
Where to store your will for safekeeping
Have you done the responsible thing as an adult and created a will? If so, that’s a great first step in ensuring that your wishes will be carried out once you pass. However, along with creating a will, you also must figure out where to keep it. After all, you need to...
DIY websites may not provide the estate planning tools you need
Many people in Texas want to save time and money, and it can be tempting to rely on a variety of DIY websites for your estate plan. Few people look forward to considering the distribution of their property after their death. In addition, many people have a wide range...
Do you need a will if you don’t have kids?
If you don't have any heirs in Texas, you might be tempted to forget about writing a will and let the state decide what to do with your assets. However, there's a lot of ways to use your assets even if you don't have a spouse or children. If you don't plan ahead, you...
What happens if your will is out of date?
If you live in Texas and already have an estate plan or you are creating one, you might wonder whether your will goes out of date at some point in the future. The good news is that wills do not have an "expiration date." The bad news is that for other reasons, an...
Who is considered an interested party?
When an individual dies in Texas, certain people have the right to contest the individual's will. They might launch a will contest if they suspect that the individual was forced or influenced to write the will a certain way. However, only people who are "interested...
A child doesn’t have to be included in a will
If you fail to create an estate plan, Texas law may dictate that a portion of your assets go to your children. However, there is no statutory requirement to include a son or daughter in a will. Let's take a look at what you should know if you don't plan on providing...