Probate Administration Lawyers Helping Clients Throughout Houston Through the Estate Administration Process
We offer a Broad Range of Probate Law Services
While most estates undergo probate, Texas law provides for a summary probate administration for “small estates.” The value of such estates, excluding specific exempt property and family allowances, must be below the amount needed to satisfy certain creditors. There is no fixed dollar threshold for qualifying for summary probate administration.
Generally, an estate’s value comprises all assets, excluding exempt and non-probate assets. Exempt assets include items like a home for the surviving spouse or children, furniture, clothes, limited firearms, jewelry up to a certain value, tools, equipment, books, farming vehicles, and one vehicle per person. Non-probate assets, such as jointly owned accounts and certain real estate, pass directly to joint owners or beneficiaries.
Complete avoidance of probate may not always be possible, but steps can be taken to reduce the portion of assets subject to probate. To explore options for converting probate assets into non-probate assets, it is advisable to consult a Houston probate attorney.
For Guidance on the Probate Process, Consult the Houston Probate Lawyers
If you wish to secure your end-of-life plans and ease the process for your loved ones, contact the dedicated team of Houston estate planning lawyers at The Probate Law Group. With over 35 years of combined experience, we offer comprehensive probate services to help Texans plan for the future of generations to come. Schedule a consultation today by calling us at 713-597-7176.