Must Oklahoma will be probated in Texas, too?

Dear Mr. Premack: My father passed away, leaving me and my sister a house in Texas. My father also had two more houses in Oklahoma. We have already probated his will in Oklahoma in court. My sister was named the Executor of his estate. My question is: Do we have to also probate in Texas…

Mobility Trust Works for Mobile Families

Two weeks ago I received a question from “J.D.”, who has a young family to protect. Still, he and his wife have delayed making any estate plan because they anticipate that their jobs will relocate them in the next few years. J.D.’s brother has encouraged them to move forward regardless of the likelihood of having…

Mobility Issues with Traditional Estate Planning

Last week, I began to answer a question posed by “J.D.”, who said that his young family has delayed making an estate plan because they anticipate relocating (due to work) in a few years. His brother recommended that he should not wait, an attitude with which experienced wealth managers concur. J.D. wanted to know if…