In Texas, the news of the recent $2 billion Powerball jackpot winner has brought attention to the importance of protecting wealth. Lottery officials announced that a single ticket holder took home the largest prize in U.S. history. But history has shown that many lottery winners find themselves in financial trouble within five years of hitting…
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A Dedicated Probate Court in Montgomery County?
As the population of Montgomery County continues to grow, so does the need for efficient and effective courts to manage the increasing number of cases. To address this, State Representative Will Metcalf has filed House Bill 1436, aimed at converting Montgomery County at Law No. 2 into a probate court. What Is a Dedicated Probate…
The 2023 Increases to Federal Estate & Gift Tax Exclusions
The IRS has announced that it will be increasing the estate and gift tax exclusions for 2023. This means that more money can be passed on to heirs without being subject to taxes. For those who are planning their estates, this is good news. However, it also means that more people will be subject to…
Texas Probate Case of First Impression Over Who Owns Moon Rocks
Courts make decisions based on the existing legal framework and precedents. These decisions create frameworks for future decisions made by the same court. A court first impression is a decision that is, at least in part, new or not bound by prior precedent, so it sets a new precedent. What is a Case of First…
New Attorney Announcements
Kreig LLC is pleased to announce the addition of three new attorneys to our probate and estate planning practice. Kara Kellogg Kara is an attorney who currently assists her clients in matters related to probate, estate planning, and real estate. She has also represented plaintiffs in other areas of the law, including first-party bad faith…
Texas Probate Law Firm Continues Rapid Growth
Adds veteran probate attorney, Hallie O’Connor, to its Dallas office FOR IMMEDIATE RELEASE: Dallas, October 10, 2022: Kreig LLC, a Texas-based probate law firm, announced today that Attorney Hallie O’Connor has joined the firm’s Dallas probate practice. “We are thrilled to have Hallie join our team,” said CEO Jack Manhire. “She is a highly respected…
5 Kinds of Texas Probate
Introduction Probate is a process by which an administrator (the executor) of an estate (the decedent’s property) distribute the estate’s assets to the decedent’s beneficiaries. In Texas, probate is handled by the Texas State Probate Office. There are at least five types of probate (more if you count the various permutations such as testate dependent,…
Does a Probate Court’s Order Have to Be Final to Be Appealable?
In a recent case, St. John v. Hearne, a Texas probate court granted a bill of review but did not dispose of contested issues. The Court of Appeals noted that granting a bill of review does not terminate the proceedings and is not equivalent to final judgment for purposes of appeal. Legal Terminology Interlocutory Appeal…
Who Will Serve as Personal Representative of Your Estate?
Who will serve as personal representative after you’ve passed on? Many people think about this while planning their estate, but it’s important to know who is eligible to serve and who will serve by default if you don’t name a personal representative properly. Selecting The Personal Representative (Executor vs Administrator) Specialized knowledge, training or experience…
Kreig LLC has two of the Best Lawyers® in America
Kreig LLC is proud to have Erin Breaux recognized by Best Lawyers® in 2023 in America, and Kristina Munoz recognized in the third edition of the Best Lawyers: Ones to Watch in America™. Congratulations Erin and Kristina! The post Kreig LLC has two of the Best Lawyers® in America appeared first on Kreig LLC.