The Texas Real Property Transfer on Death Act, found under Chapter 114 of the Texas Estate Code, provides that after September 1st, 2015 the State of Texas will recognize a deed which transfers property upon the death of an individual. This opens new possibilities to Estate Planning which allows an
One of the quickest ways to learn about the importance of having a solid and comprehensive estate plan is having to facilitate the process for elderly parents who encounter unexpected hardships. For adults with parents in their seventies or eighties, emerging health care issues may be the catalyst for decisions
THE INHERITANCE TAX IN SPAIN Post regarding Spanish inheritance tax levied on capital gains obtained through inheritance by individuals. Let’s analyze the general scheme. In some Autonomous Regions there is much more favorable tax regime (inherit is much cheaper) than in the rest of Spain. The criterion for the application
Beating out Your Neighbors When Selling Your Home Pick a neighborhood and count the For Sale signs. In today’s economy it is a seller’s market. These home sale clusters are becoming more and more common. Neighbors are battling for buyers and cashing in on their property. So how can you
(Spanish Law) Could it be possible to get Bankruptcy by inheriting a property? Yes. Weeks ago some news shocked everyone in the newspapers of Spain, an old woman from Jaén, after losing her daughter by her partner, was obliged to pay the debts of both, having accepted the inheritance of his
By Emma Fuller We understand that some people are nervous of approaching Solicitors if they need help with Probate as there are concerns of the costs. However, not everyone charges in the same way. We have several pricing options, which helps families to get the help they need, but gives
Contentious Probate claims are one of the biggest areas of litigation and put simply, are claims challenging the validity of a will when the testator passes away and in some cases, the distribution of the assets in the testator’s estate. The effect of a contested probate claim on beneficiaries and
By Emma Fuller Many people now store their documents on their computers and no longer have paper bank statements. This trend has developed over several years now and means that our approach to dealing with probate has to evolve to keep up with these changes. In days gone by, many
A Declaration of Trust is an arrangement setting out who shall have the ownership of an asset and be able to benefit from it. This is important if your assets include land or business interests. A declaration of trust is a binding statement by the legal owner of an asset
We know that many people put off making Will as it feels morbid to them, but making a Will is not about planning for death. It is about securing peace of mind for many years to come knowing that your affairs are in order. Some clients renew their Wills
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