San Antonio Estate Planning Attorney
Experienced Representation For Complex Estate Matters
Estate planning is an extremely important issue that far too many people neglect. Regardless of the size of the estate, every adult should have at least a will in place. When a person dies intestate (without a will), the family is left with the burden of trying to administer the estate without knowing the decedent’s wishes.
If you need estate administration assistance, contact The Law Offices of Jon R. Disrud. We have the experience to administer all types of estates, including high net worth estates with complex assets. We can also provide estate planning services, such as drafting wills and trusts, as well as probate litigation. Please call our office at 210-569-0581 to schedule an appointment with our San Antonio estate planning lawyers. Your initial consultation is free.
Estate Administration In Texas
If no one is named in a will as the administrator, the court may appoint a dependent administrator. A dependent administrator needs court approval to act as executor. He or she must also pay a bond to insure against misappropriation of the estate.
An independent administrator is either named in a will or elected by all the beneficiaries to serve as executor. Independent administrators do not need the court’s approval to administer the estate.
Estate administration is a lengthy, complex task. If you are an administrator, you are expected to fulfill the same duties the court would perform, which can include collecting the assets, paying debts and distributing assets to heirs. There may be additional legal requirements as well. Many people choose to have an attorney handle the administration on their behalf.
For high net worth estates or estates with many debts, it is advisable to work with an attorney. We routinely administer estates with sophisticated assets such as businesses and stock options.
Because attorneys fees are paid out of the estate, you are not personally responsible for the cost of legal services. Talk to us today about how we can assist you. For a free initial consultation with a New Braunfels wills and trusts lawyer, please call 210-569-0581 or contact us online.