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| For information purposes only... As a TX probate lawyer, absent using a revocable trust or other transfers of a complete interest in property in Texas it is very common to need to probate the Will. Texas has a model probate system - provides for speedy independent administration (less court supervision). There is even an abbreviated probate procedure known as "muniment of title" that, if the decedent had no debt other than real estate-secured debt you can do that makes the process cheap and quick. For instance, the average muniment of title probate fees are around $500-$1,000 in my geographic area. The average 'full blown' letters testamentary (i.e., independent administration) probate runs about $2,000-$3,000 in this area, depending on the complexity of the estate, the sufficiency of the Will, and the cooperation of the beneficiaries, and whether there is estate tax issues to deal with. I don't know the facts of your case, so these broad ranges may or may not be applicable and are only offered to give you a BROAD idea of what to expect. Of course, with every profession comes bad apples as Michael has suggested. Hire someone that does probate, that you feel comfortable with, that will quote you a fee up front, and go forward. But just remember that there are bad attorneys, bad doctors, bad CPA's, bad plumbers, etc... Don't let horror stories and "This happened to a friend of a friend once so it must be always true" type stories to discourage you. Probate in Texas is pretty straightforward and inexpensive compared to other states. You can't compare probate in Texas to other states, especially not California (seems to be a source of probate horror stories out there). From the time you file the Will for probate you should have a hearing within 3-4 weeks (depending on city) and should be done well within 2 months if all goes normally. Just hire a lawyer and get it over with, if its necessary. Good luck. Jason Attorney, CPA Sherman, Texas I am not your lawyer. This is not legal advice. Do not rely upon this for anything. I am also not your accountant, etc.. "Michael T Wing CPA" <mtwingcpa[at]yahoo.com> wrote in message news:VA.00000a7e.0039ee14[at]yahoo.com... - quote - > HW "Skip" Weldon <skip5700[at]yahoo.com> wrote: > > The only person who had a choice about Probate was the deceased. He > > either arranged his affairs to avoid/reduce probate or he didn't. The > > heirs have no choice. > True, but I have seen situations where an attorney ~recommended~ going > through probate even though it was not technically required. Perhaps the > poster should seek a "second opinion" on this point from another > knowledgeable attorney in Texas. > MTW |
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| HW "Skip" Weldon <skip5700[at]yahoo.com> wrote: - quote - > The only person who had a choice about Probate was the deceased. He
True, but I have seen situations where an attorney ~recommended~ going> either arranged his affairs to avoid/reduce probate or he didn't. The > heirs have no choice. through probate even though it was not technically required. Perhaps the poster should seek a "second opinion" on this point from another knowledgeable attorney in Texas. MTW |
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| HW "Skip" Weldon wrote: - quote - > On 12 Sep 2003 17:15:01 GMT, carkenord[at]juno.com (Lee Carkenord) wrote:
The Court then> > In as few words as possible, and in the context of the above, what > > does the word "probate" mean in the state of Texas.?? > Ok, few words. I haven't consulted a Texas dictionary <grin> , but > around here probate is the process whereby the decedent's Personal > Representative (PR) submits the deceased's Will to the Probate Court, > along with other required forms and documents. - quote - > approves the Will, enabling the Personal Representative to distribute
I would substitute "determines the legality & validity of the> assets in accordance with the Will. WILL, in accordance ith State Law's. If it finds that the WILL is in fact VALID, then it instructs the (P.R. in Florida, but still Administrator/trix in many States) to pay all of the Decedents outsatnding bills, and distibute the balance if any. Depending on the - quote - > complexity/makeup of the deceased's affairs and skill of the PR, this
For the record, the word PROBATE, loosly translated means> takes varying amounts of time. > To begin, the PR could call the Probate Court and asks where to start. > IMO that is the appropriate place to get detailed answers to your > question. Plan B is to hire an attorney to handle that work (and I do > mean work.) > > What are the pros and cons of going thru the "probate" procedure, > > for the heirs? > The only person who had a choice about Probate was the deceased. He > either arranged his affairs to avoid/reduce probate or he didn't. The > heirs have no choice. > As for financial pros and cons, the heirs get free money. What's not > to like about that? <grin> -HW "Skip" Weldon > Columbia, SC "to prove". That is wjat the court is charged to do. Cal Lester CLU NOTE: This is NOT legal Information, as I am NOT an Attorney, and do NOT practice Law. -- Some people are only alive because it is illegal to kill This signature file is generated by Pick-a-Tag ! Written by jeroen[at]vanbaarsel.net |
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| On 12 Sep 2003 17:15:01 GMT, carkenord[at]juno.com (Lee Carkenord) wrote: - quote - > In as few words as possible, and in the context of the above, what
Ok, few words. I haven't consulted a Texas dictionary <grin> , but> does the word "probate" mean in the state of Texas.?? around here probate is the process whereby the decedent's Personal Representative (PR) submits the deceased's Will to the Probate Court, along with other required forms and documents. The Court then approves the Will, enabling the Personal Representative to distribute assets in accordance with the Will. Depending on the complexity/makeup of the deceased's affairs and skill of the PR, this takes varying amounts of time. To begin, the PR could call the Probate Court and asks where to start. IMO that is the appropriate place to get detailed answers to your question. Plan B is to hire an attorney to handle that work (and I do mean work.) - quote - > What are the pros and cons of going thru the "probate" procedure,
The only person who had a choice about Probate was the deceased. He> for the heirs? either arranged his affairs to avoid/reduce probate or he didn't. The heirs have no choice. As for financial pros and cons, the heirs get free money. What's not to like about that? <grin -HW "Skip" Weldon Columbia, SC |
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| means, probate, state, texas, word |
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