Texas Inherited Real Estate Lawyer Helps Families Avoid Foreclosured: Texas Inherited Real Estate Can Often Become Stuck During the Probate Process Resulting in Loss of Inheritance Through Bank and Tax Foreclosures by Texas Inherited Real Estate Lawyer Jason S. Coomer
After a family member dies, the real property that they owned can often become stuck during the probate process and if proper action is not taken the inherited Texas real property can be lost to bank or tax foreclosure. Loss of inheritance is especially common when a family member suffers from senility and/or is extremely secretive about their finances before their death and has not left a Will or any instructions as to what they want done with their Texas real estate after they die. Texas Real Estate Probate Lawyer, Jason Coomer, works with families including Texas families and out of state families to protect family wealth, inheritance, Texas real estate, and families. He handles uncontested probate matters, real estate transfers, trust issues, estate matters, contested probate matters, guardianships, trust litigation, inheritance issues, clearing title to Texas real property, heirship issues, contested probate lawsuits, and other real estate & probate issues. For information on Texas Real Estate Probate matters and Texas Inherited Property Issues, please feel free to send an e-mail message to Texas Inherited Real Estate Lawyer Jason S. Coomer or feel free to use our contact form.
Texas Real Estate Inheritance and Texas Intestate Law
In situations where a family member has left no Will and the family member owned Texas real property, the Texas real property will need to be transferred under Texas intestate law. As such, it is important to understand or have a Texas real estate probate lawyer that understands what Texas intestate law says on how the estate should be divided and how title to the real estate can be transferred. By understanding Texas intestate succession, the heirs and their attorney can often determine the best method of transferring the Texas real property to the lawful heirs and prevent the Texas real property from being lost to tax or bank foreclosure.
As A Texas Contingent Real Estate Probate Lawyer, Jason S. Coomer, Helps Heirs and Beneficiaries Collect and Transfer Texas Real Property Including Royalties, Real Estate, and Mineral Interests
In some situations family assets cannot get transferred or collected by their rightful heirs or beneficiaries because the heirs and beneficiaries cannot afford the cost of probate and other transfer costs. In these situations, a Texas Contingent Real Estate Probate Lawyer that works on a percentage of the estate property can help heirs and beneficiaries transfer estate property to rightful heirs and beneficiaries.
In these situations, the Texas Contingent Real Estate Probate Lawyer will typically need to see that there are actual significant assets in the estate including the ownership of Texas real property and who the rightful heirs and beneficiaries are of the estate. In these cases, bank statements, life insurance policies, royalty statements, mutual fund statements, retirement fund statements, real property deeds, property tax information, and other evidence of the estate assets can be useful in determining the approximate value of the estate and if a contingent contract for probating the estate can be viable. For more information on a Texas Contingent Probate Lawsuit or Texas Contingent Non-Probate Matter, please feel free to go to the follow web page: Texas Contingent Probate Lawyer and Death Benefit Collection Lawyer.
Texas Real Estate Inheritance and Texas Contested Probate Lawsuits
In addition to the issue of intestate succession, there are also a number of other common situations that can cause inherited real property to become stuck. A few of these situations are discussed in this blog post. The first situation occurs when the family is unable to move forward with the probate process because of lack of resources. The second situation occurs when the family is unable to move forward with probate because of proximity issues. In other words, the heirs do not live in Texas or close to where their loved one died. In still other situations families can start fighting over their loved one's estate. In all these situations, real estate can become stuck for years or can even be lost.
Freeing Texas Real Property From Probate Usually Requires The Services of One or More Texas Probate Real Estate Lawyers
Depending on the reason that has caused the Texas inherited property to become stuck in the probate process, the solution may be hiring a Texas probate real estate lawyer. In the situation where the family cannot afford the probate process, a Texas probate real estate lawyer can sometimes work out a contingent contract or a hybrid contract where the lawyer will work to free the real property so it can be sold or mortgaged allowing the heirs, beneficiaries, court costs, attorney's fees, and other expenses to be paid out of the sales proceeds of the real property or a loan on the property. In these situations, families can often prevent losing inherited property through foreclosure or taxes.
In the situation where the family lives outside of the State of Texas, a Texas probate real estate attorney can often be appointed the local agent for the administrator or executive and help with many of the tasks that need to be handled in administering the estate. This can greatly limit the need for the family to make numerous trips to Texas or the county where their loved one died and allow a busy family member to handle probate issues without a significant drain on their time.
In situations where the heirs and beneficiaries start fighting, it is often necessary for multiple Texas probate real estate lawyers to become involved. In these situations, it is typically best for each side to have their own legal counsel to advise them as to their rights under Texas law and if necessary to have legal counsel that can advocate for their rights. These contested probate lawsuits can be expensive, but can be necessary when someone is attempting to steal family inheritance or the family needs experienced legal help to settle a disputed probate matter and prevent the loss of inherited real estate in Austin or Texas.
Texas Probate Real Estate Lawyer Clears Title To Probate Property and Handles Probate Issues
As Texas Probate Real Estate Lawyer, Jason Coomer, handles Texas probate, estate, and inheritance matters. He works with families including Texas families and out of state families on a variety of Texas probate, estate, and inheritance issues. These issues commonly include probating Wills, contesting Wills, fighting will contests, clearing title to estate property, claiming estate property, filing suits to determine rightful heirs of estates, filing breach of fiduciary duty lawsuits, and representing estate administrators. For questions on Texas probate, estate, and inheritance matters, please feel free to send an e-mail message to Texas Real Estate Probate Lawyer and Austin Texas Inheritance Lawyer Jason S. Coomer or please feel free to use our contact form.
Locating Unclaimed Texas Wealth, Estate Assets, and Non-Probate Assets (Real Estate, Oil Interests, Bank Accounts, & Stock)
In addition to what is inherited, there is a significant amount of unclaimed wealth including bank accounts, houses, oil interests, safety deposit boxes, stocks, and other wealth that is forgotten about. In our modern society families don't always live close and some wealth is lost or forgotten. Death or incapacity is not always anticipated and many people will unfortunately loose track of stocks, bank accounts, oil interests, and other wealth. It is a good idea to keep a safety deposit box with an inventory of all your assets and have people that you trust that can get access to your safety deposit box should something happen to you.
It is also becoming more common for family members not living close to a recently deceased relative to not know how to handle a probate matter or have enough money to clear title to property. In these instances it is good to locate a local attorney that can assist in appraising an estate including real estate and houses to determine if it would be beneficial to probate an estate or to determine the most efficient method to clear title to property.
Locating Unclaimed Texas Wealth, Estate Assets, and Non-Probate Assets (Real Estate, Oil Interests, Bank Accounts, & Stock)
In addition to what is inherited, there is a significant amount of unclaimed wealth including bank accounts, houses, oil interests, safety deposit boxes, stocks, and other wealth that is forgotten about. In our modern society families don't always live close and some wealth is lost or forgotten. Death or incapacity is not always anticipated and many people will unfortunately loose track of stocks, bank accounts, oil interests, and other wealth. It is a good idea to keep a safety deposit box with an inventory of all your assets and have people that you trust that can get access to your safety deposit box should something happen to you.
It is also becoming more common for family members not living close to a recently deceased relative to not know how to handle a probate matter or have enough money to clear title to property. In these instances it is good to locate a local attorney that can assist in appraising an estate including real estate and houses to determine if it would be beneficial to probate an estate or to determine the most efficient method to clear title to property.
Texas Inheritance Lawyer, Jason Coomer helps families evaluate the estates of their lost loved ones to determine if a full probate is necessary and if so if the probate is economically feasible.
Texas Probate Lawyer Jason Coomer Handles Testate and Intestate Lawsuits for Families and Heirs
As a Texas Probate Attorney, Jason Coomer helps families through intestate proceedings including drafting probate documents such as an Affidavit of Heirship and Small Estate Affidavit as well as assisting heirs through a Suit to Determine Heirship. He helps rightful heirs gain control of their lost loved one's estate to be able to sell stock, claim pensions, use bank accounts, claim oil interests, sell homes, or clear title to other real estate.
Austin Texas Probate Lawyer, Jason Coomer works with families and friends that have lost someone and need help navigating the Travis County Probate Court, Williamson County Court #4, Bexar County Probate Courts, and the Hays County Court. He also drafts Wills and Trusts to protect the wishes and best interests of his clients. For questions on Texas Intestate Law, please e-mail Texas Probate Attorney Jason S. Coomer at jason@texaslawyers.com or use our contact form The Law Offices of Jason S. Coomer.
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