Houston probate lawyer Whitney L. Thompson releases a new article (https://www.wthompsonlaw.com/houston-probate-attorney/) explaining the different types of probate in Texas. The lawyer explains that probate refers to the legal procedure by which the will of a decedent is authenticated, administered, and properly divided according to the terms laid out by the owner.
“All estate assets must be collected during probate. All assets not subject to probate, such as living trust assets, are exempted. Estate debts are paid out to creditors and the remainder is divided among the heirs. The distribution is made in accordance either with the last will and testament of the decedent or, if no will is available, according to Texas intestacy law,” the Houston probate lawyer says.
The lawyer adds that there are three kinds of probate administration in Texas. The level of supervision by the court is what generally distinguishes each type. Each type also has its own advantages and drawbacks. The two types of probate administration in Texas are dependent administration and independent administration.
Attorney Whitney L. Thompson explains that dependent administration is a form of probate that requires a high degree of supervision from the court. In this form of probate, the administrator must obtain permission from the court to engage in almost all transactions, including paying debts and selling properties.
In the article, the lawyer says, “Independent administration is the most popular type of probate administration. This process costs less than dependent administration. The administrator doesn't need to appear in court as often and does not usually require a bond. A decedent can request this type of administration in the will, or it may be granted by all beneficiaries.”
Lastly, the lawyer emphasizes the importance of having a skilled probate attorney when dealing with matters involving the probate process. Having an experienced estate attorney may be able to help an individual understand their rights and help them prepare for the future of their loved ones.
About The Law Office of Whitney Thompson, PLLC
Attorney Whitney Thompson is an experienced family law attorney who helps clients deal with family law matters such as divorce or legal separation. Attorney Thompson also deals with guardianship, probate, and estate planning matters. As an experienced divorce lawyer, attorney Thompson and her legal team have helped families have a smoother divorce process and plan for their future more thoroughly. To schedule a consultation, call (281) 214-0173.
The Law Office of Whitney L. Thompson, PLLC
4201 Farm to Market 1960 Rd W Suite 320, Box #116B, Houston, TX 77068, United States
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(281) 214-0173
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The Law Office of Whitney L. Thompson, PLLC
Whitney L. Thompson
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The Law Office of Whitney L. Thompson, PLLC
4201 Farm to Market 1960 Rd W Suite 320, Box #116B, Houston, TX 77068, United States
