Business Succession, Estate Planning, Legacy, Probate, Trusts, Wealth, Wills

Why Texas’s Probate Law are Weird

I take an hour and a half each morning to read the law.

Sometimes you find some really weird stuff.

For instance, in Texas, did you know if you don’t have an estate plan, you can protect some of your assets from being collected by creditors?

In fact, there is a law that states that if you own a family bible, a creditor cannot force you to sell that bible to pay back creditors.

Oh. And the creditors cannot force you to sell your 60 sheep. Or your two donkeys.

Yes. That’s written into Texas law.

You see, Texas probate and estate planning laws are old. Really old. In fact, these laws were written in the 1850s when most Texans were just farmers (hence the sheep laws).

But these laws are rigid and unforgiving for those who die without a will or a trust.

For instance, if you die without a will in Texas, and you have kids from another marriage, your spouse and your kids will have to split the house.

That means no selling, no leasing, no altering the house unless your spouse and your kids from another person get along without you being there.

You see the problem?

And that’s just the start of it. Many of Texas’s arcane laws negatively affect families if there is no will or trust in place.

But Legion Law drafts the very kinds of estate plans that could limit your family from fighting with one another once you’re gone.

Oh, and Legion Law makes sure you’re still entitled to protecting your sheep and donkeys too.

Give Legion Law a call today!

It wouldn’t be the Legion Law Letter without offering information on how to get in touch with your estate planning and probate attorney. Feel free to schedule a meeting at legionlawpllc.com/contact-us/ for any questions, concerns, or issues you need resolved.

Cheers,


Derek Christensen

Founder of Legion Law, PLLC

One thought on “Why Texas’s Probate Law are Weird

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