How a Trust Administration in Arlington, Texas Can Protect Your Estate

The wealth you’ve earned in your lifetime can help your family to continue on without you after your death. A properly-drafted and administered trust can help protect your assets. With legal guidance from an estate attorney in Arlington, you can both design and administer your family’s trust in a way that benefits them the most. This can include irrevocable, revocable, marital, charitable, generation-skipping transfer, or grantor retained annuity trusts.

Trust Administration Laws in Texas

The laws concerning trust administration are found in the Texas Trust Code, the court decisions interpreting said trust law and in the trust instrument. This code allows trustees to administer trusts according to the terms of the trust document and the provisions of the law codes in the state of Texas. A trustee is a fiduciary, who is responsible for carrying out the wishes of the person who appointed them as such. Some of their responsibilities include:

  • Administering the trust in the interest of beneficiaries
  • Keep beneficiaries informed of the trust and any updates regarding it
  • Invest/manage trust assets as an investor (if applicable)
  • Take action to collect claims due to the estate

Ultimately, a trust in the state of Texas isn’t a legal entity. It is simply a relationship where a trustee acts as an agent for beneficiaries, whether income or remainder. Beneficiaries may ask the trustee for an accounting of the estate at any time. It is their duty to allow you to look at the books and to keep copies readily available. As you can see the process of trust administration is difficult, making it increasingly important to hire a legal professional to represent you and to guide you.

If you or a loved one need help with trust administration from a professional Arlington estate lawyer, call 817-261-5000 today to learn what they can do for you and your family.

johnlaw_admin Aug 30, 2018 Comments (0)

What is a Title Disputes Lawyer in Texas?

When your property rights come into dispute and something you’re entitled to has been taken from you, you need a title disputes lawyer in Texas who will represent your interests. Whether the dispute is about ownership or your rights to something else such as easements, John Hixson can help you. He helps litigate or negotiate title disputes for his Texas clients.

Ultimately, a title issue can stop a real estate transaction from completion. A clean title is the difference between a transaction going through or not. A title issue can stall a sale or purchase of a home or property indefinitely.

What types of disputes can a Title disputes lawyer help with?

Ultimately, determining who has the title to the real estate and the rights associated with the real estate according to Texas law can be difficult to understand. The history must be traced through land records and deeds/conveyances must be examined and interpreted properly.

A titles disputes lawyer can help with:

  • Easement disputes
  • Boundary disputes
  • Disputes over who the right to convey
  • Disputes over which property a deed actually conveys
  • Disputes over trust property conveyed by a trustee
  • Disputes over oil/gas titles

When it comes to real estate, the stakes can be high with litigation over titles. At John Hixson, we understand you need personal attention to your case for the best possible results. Because these issues require close attention to detail and understanding of the law, it is advisable to always hire a legal professional to help you with title disputes in and around Arlington, Texas.

If you or a loved one need legal advice from a title disputes lawyer in and around Arlington, Texas, call 817-261-5000 today.

johnlaw_admin Aug 23, 2018 Comments (0)

What is a Small Estate Affidavit in Arlington, Texas?

Small estate laws in Texas were created to enable heirs to obtain property of the deceased without the need for probate. They also can shorten required probate proceeds when certain conditions were met. Small estates can be administered quicker and cheaper too. If the deceased didn’t include everything in their trust, small estate laws may help. A professional estate lawyer in Texas can help determine what can be done with these issues following a loved one’s death.

How can a small estate affidavit help?

In Texas this small estate affidavit is executed by the spouse and/or the heirs of the deceased. It is presented to the holder of the property so as a bank in order to obtain the property. The main requirement in Texas to use an affidavit is that the value of the property does not exceed $10,000 USD. If it does, a summary administration is allowed. A summary administration is allowed for values of more than $10,000, but less than $20,000. A professional Arlington attorney can help you determine which legal document is required.

Texas law requires the filing of an affidavit within 30 days of the death of the decedent, that’s why it is so important to hire a professional attorney quick. After an affidavit is approved by the court, it can be used to collect debts owed to the decedent.

An affidavit must:

  • Be sworn to by two disinterested witnesses
  • Include all known estate assets and liabilities
  • Include the name/address of each distribute
  • Include any relevant fact concerning heirship that shows the distributee’s right to receive money or property.

If you or a loved one need help with small estate affidavit preparation from a wills & probate lawyer in Texas, call 817-261-5000 today.

johnlaw_admin Aug 16, 2018 Comments (0)

How an Arlington Real Estate Attorney Can Help Your Case

Any legal matters involve tenant and rental properties or real estate transactions can become lengthy and costly legal battles if they aren’t dealt with properly. With the help of a real estate attorney in Arlington, Texas, you can save money, negotiate the best deal, ensure that any issues with tenants are resolved well and can also make sure that there is a smooth transfer of property (if applicable).

How a Real Estate Attorney Helps Property Owners

This real estate attorney will have experience with real estate law and helping property owners in many ways including and not limited to:

  • Collecting for work performed
  • Helping with title issues
  • Preparing deeds to change the title of a property
  • Advice regarding real estate transactions
  • Preparation of contracts or other documents
  • Closing services
  • Document preparation or litigation to clear title to property
  • Preparation of wills and trusts to help with smooth transfer of property after death
  • Probate of a will to change the title of a property
  • Heirship proceeding (in no will situations) to change the title to property
  • Foreclosure services
  • Filing liens

Landlord Representation in Arlington, Texas

Finding an experienced eviction attorney is important as they’re experienced with evicting a tenant legally. With the help of law enforcement, tenants are evicted. The goal is to evict people without someone getting hurt or their belongings being damaged in any way. Hiring a lawyer in Arlington to handle an eviction will save you stress, time, and money. They can handle your legal affairs with ease and ensure that every law is followed during this difficult process.

If you or a loved one need help with a real estate matter in Arlington or the surrounding communities, call 817-261-5000 today.

johnlaw_admin Aug 09, 2018 Comments (0)

What is an Arlington Probate Attorney?

It’s hard to think about major life changes that may involved losing someone close to you. However, it’s smart to plan ahead for these situations before anything does occur. An experienced Arlington, Texas probate attorney can help make these transitions in life a little bit easier.

How Can a Probate Attorney Help You?

Some services that a probate attorney can help with include and are not limited to:

  • Trusts
  • Probate of wills
  • Preparation of Wills
  • Durable/medical power of attorney
  • Living wills
  • Affidavits of heirship
  • Small estate affidavits

Ultimately, the most common estate planning starts with preparing a will. Creating a will removes any question out of a person’s wishes to who should receive their assets after they die. Arlington families should take the proper time to prepare a will that makes these life situations a lot easier when they occur.

Families want protection when it comes to estates. With the help of a probate attorney around Arlington, Texas, a trust can ensure smooth transfer of assets after a person’s death within a legal framework that was prepared ahead of time. Power of attorneys are important (and the preparation of these documents) as it takes the guesswork out of who should make healthcare-related decisions on the person’s behalf when they cannot.

In order for an estate to go through probate, a will must be set forth. It can be a time-consuming activity, however, with the help of an experienced probate attorney, the situation can be less stressful. Professional wills, power of attorneys or trusts will streamline the probate process for a family. Leaving no will or a poorly-prepared one will be costly and time consuming for your family.

If you or a loved one need help with a probate law matter in Arlington or the surrounding communities, call 817-261-5000 today.

johnlaw_admin Aug 02, 2018 Comments (0)

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