Postnuptial Agreements ("postnups") aren't as well known as Prenuptial Agreements. But they can be helpful in the right situation! What is a Texas Postnuptial Agreement? A postnuptial agreement is a formal document that is used by a married couple to outline financial responsibilities between them. It can confirm who owns which assets and specify how assets will be split in case of … [Read more...] about When to Consider a Postnuptial Agreement
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Non-Probate Assets
Some assets do not require probate court in order to pass to a living person. They can be passed directly to the beneficiary, with no probate order needed. Examples of non-probate assets Life insurance, retirement accounts, brokerage accounts. If you have these types of a accounts and have properly designated a beneficiary, that person should be able to get that money distributed directly … [Read more...] about Non-Probate Assets