When someone owns an LLC that owns assets, can the person give the LLC-owned assets away via their will or estate plan? While many know that they can give away their LLC interest by will, some may not know that they cannot give away LLC assets. This confusion often comes up as it isn’t aways […] The post Can You Transfer of… The post Can You Transfer of Subsidiary LLCs… Continue reading Can You Transfer of Subsidiary LLCs by your Will or Estate Plan?

The phone rings. The caller refuses to identify themselves. They claim your parents’ will was forged and promise they have proof. Most people would dismiss such a call as a cruel prank. But what happens when those anonymous allegations turn out to be true, and the proof comes in the form of boxes filled with […] The post Can Evidence Discovered After… The post Can Evidence Discovered After the Time… Continue reading Can Evidence Discovered After the Time to Contest a Will Justify a Late-filed Lawsuit?

Those who possess a will for a decedent often just file the will for probate, with little thought to others who may want or even be entitled to notice. For example, a son might file paperwork to probate his father’s will and gets himself appointed as the executor. Months later, the decedent’s other children might […] The post Notice of Probate When the Will References a Person But Doesn’t Leave… Continue reading Notice of Probate When the Will References a Person But Doesn’t Leave Them Property?

Family property disputes often take an unexpected turn when siblings inherit land together. One sibling decides to sell their share to an outside buyer. The remaining family members watch helplessly as a stranger becomes their new co-owner in property that has been in the family for generations. The situation becomes even more complicated when the […] The post Can an Executor Sell Property They Own Joinly With the Estate? appeared… Continue reading Can an Executor Sell Property They Own Joinly With the Estate?

Property disputes among siblings after parents pass away are common. One brother wants to sell. Another wants to keep the family land. A third argues everyone should get equal value regardless of which parcel they receive. These conflicts often result in litigation when the property has unequal features—maybe one section has road frontage or commercial […] The post Estate Plans Trump Partition Laws in Texas Probate Cases appeared first on… Continue reading Estate Plans Trump Partition Laws in Texas Probate Cases

When someone marries into a family that owns and operates a business, there can be questions as to whether the new spouse has any rights or claims to the family business. Imagine the scenario where parents create a business and gift shares to their child. Their child then gets married. The couple is married for […] The post Surviving Spouse Claims Interest in Husband’s Family Business appeared first on Kreig… Continue reading Surviving Spouse Claims Interest in Husband’s Family Business

You own several LLC interests. Some are owned outright. Some are owned by other LLC’s that you own. There are valid reasons for this, from asset protection to estate planning. But then you die. Then the survivors read your will. And guess what? You either forgot to update the will for changes you made when […] The post Do Subsidiary Bequests Include Parent Entity Ownership of the Same Sub? appeared… Continue reading Do Subsidiary Bequests Include Parent Entity Ownership of the Same Sub?

Family disputes during probate administration often escalate when siblings disagree about what should happen to the family property. One child may want to keep the homestead in the family, while another sees it as an unproductive burden that should be sold. These conflicts become even more complex when a court has already removed the family […] The post The Partition Action is a Remedy to Request in Probate Administrations, Not… Continue reading The Partition Action is a Remedy to Request in Probate Administrations, Not a Right

You might think that receiving an ineritance is easy. How could that be complicated? The maxum that nothing is easy is fitting. When a family member inherits property, they may be inheriting a build-in legal problem. This often happens when property is left to more than one person and one person wants to keep the […] The post Executor’s Power to Sell Trumps Partition Action for Heirs’ Property appeared first… Continue reading Executor’s Power to Sell Trumps Partition Action for Heirs’ Property

It is common for families to transfer real estate from one generation to another. This often results in probate disputes, particularly when ownership questions are not fully discussed and the transfers are discovered years after the person who made the transfer died. These situations become particularly complex when the disputed property has connections to a […] The post When Texas Real Estate Passes Outside of Probate appeared first on Kreig… Continue reading When Texas Real Estate Passes Outside of Probate