Under Texas law, estate executors can be held liable for failing to carry out their legal duties. When a decedent dies with a valid will in the state of Texas, the will must be offered for and … [Read more...] about Understanding the executor’s fiduciary duties during estate administration in Texas
Can a person inherit their spouse’s debts after death?
Despite being a community property state, Texans are not liable for deceased spouses' debts Much confusion exists surrounding whether people are personally liable for a spouse's debts after that … [Read more...] about Can a person inherit their spouse’s debts after death?
Supreme Court rules inherited IRAs are not protected from creditors
Unanimous decision will have far-reaching implications in estate planning In a landmark unanimous decision, the U.S. Supreme Court has ruled that inherited individual retirement accounts (IRA) are … [Read more...] about Supreme Court rules inherited IRAs are not protected from creditors