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The Texas Lawyers Blog provides useful information on the law and Texas lawyers. For more information on this Blog or a legal topic, please feel free to submit an inquiry or send an e-mail message to blog@texaslawyers.com

Tuesday, January 9, 2018

Texas Wealth, Probate, and Inheritance Lawyer Helps Families Protect Wealth and Transfer Texas Real Property and Businesses

Texas Wealth, Probate, and Inheritance Lawyer Helps Families Protect Wealth and Transfer Texas Real Property and Businesses by Texas Wealth, Probate, and Inheritance Lawyer Jason S. Coomer

After a family member dies, the real property, businesses, and other wealth that they owned can often become stuck during the probate process and if proper action is not taken the wealth can be lost or stolen.  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 wealth after they die. 

For information on Texas Wealth, Probate, and Inheritance, please go to the following web page: Texas Probate Lawyer Helps Families, Heirs, and Beneficiaries.

Texas Contingent Inheritance Lawyer and Texas Contingent Inheritance Lawsuits

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 Probate Lawyer or Texas Contingent Death Benefit 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 Probate Lawyer or Texas Contingent Death Benefit Lawyer will typically need to see that there are actual significant assets in the estate 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.

Over $200 Billion in Wealth is Passed Through Probate and Inheritance Each Year

Inheritance is the practice of passing on wealth or obligations upon the death of an individual.  This allows parents to pass on real estate, mineral interests, royalty rights, land, buildings, houses, businesses, stocks, jewelry, and other wealth to their children and people that they love.  It is estimated that in the United States over $200 Billion each year passed down through inheritance to heirs and beneficiaries.  Through Wills and intestate laws, Texas courts determine who are proper heirs and beneficiaries and allow tremendous amounts of wealth to be inherited each year.  The amount of wealth including real estate, mineral interests, royalty rights, land, buildings, houses, businesses, stocks, jewelry, life insurance, bonds, and gold that will be passed through inheritance is expected to continue to increase in the next 20 years as Trillions of Dollars in wealth is passed on through inheritance. 

A Significant Amount of Wealth is Lost or Stolen

Unfortunately, a good portion of this wealth will be lost or stolen as rightful heirs, lawful will beneficiaries, and rightful trust beneficiaries are unable to locate or claim family wealth or even worse vultures or corporations steal family wealth.  To help prevent lost or stolen wealth, it is important to keep records and an inventory of all family wealth including real estate, mineral interests, royalty rights, land, buildings, houses, businesses, stocks, jewelry, life insurance, bonds, and gold.  It is also important to make sure that this information can be recovered by loved ones in case of an unexpected death or incapacity.

Texas Wealth, Probate, and Inheritance Lawyer Helps Families, Heirs, and Beneficiaries Protect and Transfer Their Wealth

Texas Wealth Inheritance Lawyer Jason S. Coomer helps beneficiaries, heirs, royalty interest owners, working interest owners, and families transfer and claim their rightful share of family wealth and inheritance including family trust funds, oil royalties, mineral interests, bank accounts, stocks, gold, family jewelry, family businesses, real estate, lake houses, ranch land, farms, rental houses, and family homes.  He handles contested and uncontested transfers of wealth including trust litigation, probate issues, will contests, estate issues, guardianship cases, breach of fiduciary duty cases, oil & gas litigation, and heirship proceedings. 

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