A Lady Bird Deed, also known as an enhanced life estate deed, is a special legal document that lets a property owner transfer their real estate to a beneficiary upon death while keeping full ownership and control during their...
Archives
Estate planning for minors involves complex legal requirements to ensure the inheritance is protected and managed properly. An experienced estate planning attorney can help you set up the right type of trust or custodial...
No. Parents or conservators do not automatically inherit or manage assets on behalf of minors. A fiduciary or guardian is required by law to manage the assets, either appointed by the court or named in a trust or custodial...
If no special arrangements, like trusts or custodianships are in place, the court will appoint a guardian of the estate to manage the minor’s inheritance. This guardianship process can be costly, time-consuming, and heavily...
No. Under Texas law, minors (under 18) cannot legally own or control most types of property. They lack the legal capacity to manage or make decisions about inherited assets until they reach adulthood, which means the court...