Legal Question in Wills and Trusts in Texas

Confused Estate

If an estate is willed to me and probated, does anyone else have anything to say or any rights once, the person who willed the estate passes? Will I be solely responsible for anything and everything that has to do with that estate? On an equity loan will I have to sale the estate once the person passes or can I start repayment or refinance?


Asked on 11/04/08, 6:50 pm

2 Answers from Attorneys
Patricia F. Bushman BUSHMAN LAW OFFICES

Re: Confused Estate

You really need to sit down with a probate attorney and discuss your situation. Beneficiaries, who receive the property from the estate, and Executors, who administer the estate, are not necessarily the same people.

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Answered on 11/04/08, 7:42 pm
Cheryl Rivera Smith The Smith Law Firm

Re: Confused Estate

1-Any interested party could challenge the validity of a will. 2-The executor handles the expenses out of the estate. 3-The devisee can continue payments or refinance.

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Answered on 11/05/08, 7:30 am


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