Legal Question in Wills and Trusts in Texas
Probating a will
My father recently passed away and left me sole heir and executor to his will. He only had approximately $10,000 worth of assets. What I would like to know is do I have to probate his will?
3 Answers from Attorneys
Re: Probating a will
Depends on what kind of assets. You might be able to do an affidavit of heirship, perhaps a muniment of title, maybe a small estate. Why not consult with an attorney. Shop around. Find one you like who will do it at a price you can agree on. Good Luck.
Re: Probating a will
How did you come up with the $10k figure? If it's life insurance, then probably not. If it's all assets that have beneficiary designations, again, probably not. If it's bank accounts, then probably less. Most attorneys will give an initial consult for free (or at low cost). Call two or three lawyers and see who you like best.
Re: Probating a will
It depends on the type of assets that make up the $10,000. If this is real estate then you may have to probate the will. If this is money in a bank account that you are unable to get access to (and the bank is insisting on you getting letters testamentary) then you will need to probate the will. You should contact a probate attorney in your area to see what your options are.