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Probate is the process by which property is transferred from a decedent's estate to his or her beneficiaries. This includes determining what property is owned by the decedent, appointing an executor or administrator of the estate, paying any taxes or debts that the decedent may owe (including probate costs) using funds from the estate, and distributing all property which remains to the proper beneficiaries.
Probating an estate in Texas is generally relatively quick, easy, and inexpensive. Probate is often necessary if a loved one has died, and you need a court's authority to act for the deceased and distribute assets of the estate.
A significant benefit in Texas is that often abbreviated procedures may be used, limiting probate within the court to as little as 3-6 weeks, and avoiding excessive cost and paperwork. The method which is most prudent depends on whether or not a Will was used and the size and complexity of the estate, as well as other factors. Tipton Jones is experienced in providing assistance in the full range of probate procedures in a timely and cost-effective manner. We generally operate on a fixed-fee basis and can probate the majority of estates in Texas for approximately $2,000.
Depending on your individual situation, you may not need a formal probate process, or an attorney. We can help you decide whether or not probate is necessary and/or beneficial for your loved one’s estate, and if so, the best method to use.
Types of abbreviated probate procedures include the following:
An Independent Administration is used when a person dies leaving a valid Will, which follows the requirements of law and appoints a person to act as independent executor to serve without bond. Read more on Independent Administration.
An Heirship Determination is used when a person who owns real or personal property in Texas dies without a will and there is no need for an administration of the estate. Read more on Heirship Determination.
A Muniment of Title is an abbreviated procedure which can be used when a person leaves a will and real or personal property in Texas which needs to be distributed, however there are no debts which are not secured by real estate and there is otherwise no need for administration of the estate. Read more on Muniment of Title.
Feel free to browse our site for more information and give us a call to see if we can help you. The first phone call and the initial consultation are always free.
To contact an experienced probate or estate planning lawyer at Tipton Jones, call 214-890-0991 or contact our firm.
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