Affidavits of heirship are a shortcut procedure largely unauthorized by statute. The only statute that makes them effective is Texas Estates Code section 210.053 which states that a good faith purchaser, without the knowledge of an heir, can rely on an affidavit of heirship to obtain good title to property, except against certain undisclosed children [...]
Long-term care costs at an assisted living facility are scary. Even scarier right now is the thought of placing someone in a facility that then becomes a hot bed for COVID. If your loved one needs assistance, your choices are going to be narrow and expensive. You might be able to care for your loved [...]
The shock of COVID to our economy was dampened by the Paycheck Protection Program (PPP). You may have been beneficiary of a PPP loan because you either own a small business or your employer obtained such a loan. PPP loans are being rapidly depleted, if not already exhausted. Is that putting you in a precarious [...]
It's that time of year again. The administrator of your tax-deferred account (IRA or 401K) will call advising you on your required minimum distribution (RMD). Often, the account holder's response is, "Darn, here's the government making me pay taxes on this money." Therefore, their goal is to take only the minimum distribution and pay the [...]
Remarriage for a surviving spouse is highly probably. Have your planned for this? What difference does it make?