When a person passes away, their estate often goes through the probate process, during which a fiduciary, typically an executor, administrator, or trustee, is responsible for managing and distributing assets according to the deceased’s will or state law.
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What Evidence Is Needed to Support a Will Contest?
Contesting a will can be a complicated and challenging process, often requiring strong evidence to support your case. Whether you're questioning the validity of the will due to undue influence, lack of mental capacity, or concerns about forgery, gathering the right evidence is crucial.
Common Signs of Elder Financial Abuse to Watch For
Elder financial abuse is a growing concern, affecting countless older adults every year. It’s often perpetrated by individuals who are close to the victim, such as family members, caregivers, or trusted advisors. Recognizing the warning signs can help prevent significant financial losses and emotional distress.
What Are the Legal Responsibilities of a Trustee?
When you’re named as a trustee, you’re stepping into a role that comes with specific legal obligations. A trustee is responsible for managing a trust’s assets in a way that benefits its beneficiaries while adhering to the terms of the trust document.
What Is Probate Mediation and How Can It Help?
Probate mediation can be an invaluable tool in resolving disputes during the probate process. At Russell Manning Law PLLC in Corpus Christi, Texas, I recognize that probate can be an emotionally challenging time for families, often involving disagreements over the distribution of assets, the validity of wills, or the responsibilities of the executor.
What Are the Common Grounds for Contesting a Will?
Contesting a will is a complicated and often emotionally charged process. At Russell Manning Law PLLC, I understand that family dynamics, unclear intentions, and various legal issues can make the will contest process difficult.
What Are Medicaid Trusts and How Do They Work?
Medicaid, a joint federal and state program in the United States, provides healthcare coverage for individuals with limited income and resources. For many elderly or disabled individuals, Medicaid is a vital resource, as it covers long-term care services, which are often not covered by private insurance or Medicare.
Common Causes of Probate Disputes
Probate is the legal process through which a deceased person's estate is administered, including the payment of debts, distribution of assets, and resolving any claims against the estate.
How to Set Up a Trust for a Special Needs Child in Texas
When planning for a special needs child’s future, parents and guardians often face the challenge of managing financial resources while making sure their child continues to receive benefits from government programs. One of the most effective tools for accomplishing this goal is setting up a trust.
Planning for Long-Term Care: What You Need to Know
Planning for long-term care is a critical component of personal financial and estate planning. As people age, the likelihood of needing assistance with daily activities increases, making it essential to prepare for this possibility well in advance.