Month: March 2014

DOES PAYABLE-ON-DEATH NEGATE THE NEED FOR WILLS AND TRUSTS ADMINISTRATION IN TEXAS?

Wills and trusts administration in Texas can be somewhat complicated, and some folks are looking to avoid the hassle-not to mention the expense-by using other means. For example, many accounts and policies have a "payable on death" option wherein you simply name a beneficiary. Other assets may also be passed via a beneficiary designation. So, does this really circumvent the need for wills and t...

Read More