If you have been named the executor or administrator of an estate in Texas, it is your legal responsibility to determine which of the decedent’s assets are subject to probate. Probate can be lengthy and complex, often leaving executors needing clarification on their next steps. A highly-qualified probate attorney can help you understand your duties and guide you through every step of the probate process.
The knowledgeable attorneys at Stepp & Sullivan have years of experience helping executors inventory, settle, and distribute the estate of their lost loved ones. We are dedicated to honoring your family member’s memory by ensuring their final wishes are respected. We take a personalized and compassionate approach to each case and aim to make the probate process as smooth and straightforward as possible.
Which Assets Are Subject to Probate in Texas?
In Texas, assets are subject to probate if it is listed in the decedent’s will. While assigning value to assets like bank accounts can be straightforward, other assets like antiques or jewelry can be more subjective and need to be appraised. Some common assets subject to probate include the following:
- Real estate
- Titled assets
- Household items
- Personal possessions
If an asset is subject to probate, it must be handled and distributed with the court’s involvement. However, many assets may not be subject to probate. Some non-probate assets you may encounter include the following:
- Assets that have a trust designated as a beneficiary, also known as a living trust
- Life insurance policies
- Bank accounts with named beneficiaries
- Jointly owned property
A knowledgeable probate attorney can help you inventory and appraise your loved ones’ estate. We are familiar with all aspects of the Lone Star State’s complex probate process and will use our experience and skills to treat your family member’s legacy with the care it deserves.
Ways a Trusted Probate Attorney Can Help You
Navigating Texas’ probate process can be daunting at the best of times. However, when you are mourning a loved one, navigating the legal system on your own may seem impossible. Stepp & Sullivan’s attorneys are committed to helping you settle and distribute your family member’s estate with compassion and ease. Some of the many ways our attorneys may be able to help you include the following:
- File all paperwork correctly and on time
- Inventory and secure the decedent’s estate
- Find and collect on the decedent’s life insurance policies
- Obtain accurate appraisals of the decedent’s assets
- Settle any outstanding debts
- Prepare the decedent’s final tax return
- Guide you through every step of the probate process
- Provide objective advice and answer your legal questions
Our attorneys will tirelessly help you fulfill your legal responsibilities as an estate executor. With our knowledge, skills, and resources, we can help the probate process proceed smoothly so you can focus your energy on your needs during this challenging time.
Contact a First-Class Probate Attorney at Stepp & Sullivan
While losing a loved one can be overwhelming, you do not need to settle your estate alone. At Stepp & Sullivan, our attorneys are highly experienced in helping executors and administrators in Texas and the United States navigate the dense probate process. When we take your case, we will work with you to protect the value of your loved one’s assets and execute their final wishes with precision and care. To learn more about how we can help you and schedule a free consultation, call us today at (713) 336-7200 or complete our contact form.