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AVOID DEPENDENT ADMINISTRATION
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IS THERE JUST A HOUSE TO SELL?
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DO ALL OF THE HEIRS GET ALONG?
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Your loved one didn't leave a will, but they did
leave things to be cleaned up? What can you do?
Hopefully, you can avoid the only probate option in Texas that
necessarily involves high attorney fees: a full dependent
administration. Dependent administration involves the
Court appointing a person to take the assets of the estate,
liquidate them, pay the debts, and distribute the assets to the
heirs. The administrator must get Court approval for virtually
every decision they make, so there is little chance of abuse, but
the cost is high. Dependent administration is the probate
option everyone fears, but it is easily avoided. Read
about the options.
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The main reason that some probate
administration is usually necessary is that the decedent owned a
home or other real estate. A simple procedure called a
Declaration of Heirship can solve your problems.
Click
here for more details.
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If so, the heirs can select one or more of them to serve as an
"independent administrator" and dramatically reduce
the costs of administration.
Click
here more more details.
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