Blog – Page 2 – Alex R. Hernandez Jr. Probate Lawyers

Corpus Christi Elder Law Attorneys

August 22, 2021September 21, 2014 by alexhernandezjr

Corpus Christi Elder Law Elder law is the legal practice which focuses on issues affecting elder populations. If you have a loved one in assisted living, a nursing facility, or that will be requiring long-term care within the next few years, you will need someone to help you plan ahead. Our firm can walk you … Read more

Our main Website

August 22, 2021May 5, 2014 by alexhernandezjr

This site is dedicated to probate issues. Our main website page is www.alexhernandeztriallaw.com. We handle many other matters other than probate law. Call us today.

What is Probate?

August 22, 2021March 15, 2014 by alexhernandezjr

Probate is the legal process after someone dies of: 1) Reading the will (if there is one) 2) Entering that will into the courts 3) Proving that will is valid 4) Naming the executor/administrator or person in charge of the will and the assets of the estate 5) Appraising property 6) Paying debts and taxes … Read more

Estate Planning and Probate News Items

Community News: Sept. 20 | Nvdaily | nvdaily.com - Northern Virginia Daily
Community News: Sept. 20 | Nvdaily | nvdaily.com Northern Virginia Daily
1 house- 3 kids - 2 trusts
Finishing will. We have a blended family with 2 trusts. A family trust for 2 kids by one spouse and a special needs trust for 1 child of other spouse. If we die together should the house proceed get split 33% special needs trust and 66% family trust or 50% to each trust? submitted by /u/Worried_Position_636 [link] [comments]
Florida: Small estate for Probate, but larger Trust
My Dad passed (Florida) and had a living Trust setup which held his house and his possessions that he kept within his house. I would roughly estimate the Trust to be about $450k in total value. I am successor trustee. He had several things outside the Trust which will Probate, mainly: 2 checking accounts, his car, one stock certificate, and 3 life insurance policies without named beneficiaries. I would estimate a gross value of $60k. He had no meaningful debts, other than a credit card he paid each month, some lawn care bills, HOA/taxes/insurance, final medical bills, etc. He easily has the assets to pay off any outstanding debts. I am nominated executor in his will. I spoke to an estate lawyer - they proposed administering his estate as well as administering his Trust. Their minimum fee is $5,000 and they would calculate the total fee based on a percentage of the combined value of both Probate and the Trust. My question is would it be reasonable and smart to have one lawyer handle only the Probate administration, and get a clean (and likely smaller) bill for Probate only? It feels like by combining Probate with the Trust the fees are going up 5-10x simply based on the typical % based fees. Is there some reason I should combine these? Would a lawyer handling only probate administration do anything differently because of the fact that a Trust exists? submitted by /u/grantnlee [link] [comments]

Corpus Christi Elder Law Attorneys

Our main Website

What is Probate?

Probate Lawyers

Corpus Christi Probate law

Alex Hernandez Jr