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Robert A. Ray, Attorney at Law
If you feel that you have lost an inheritance or are going to lose an inheritance; need to remove a Trustee due to a mismanaged estate or due to unscrupulous relatives; or, if you are considering contesting a will, we would be happy to give you a free, confidential review of the merits of your case.
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We handle contested probate cases throughout Texas.
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We have 9 guests online| Learn About Family Settlement Agreements |
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Texas recognizes what are called “family settlement agreements.” A family settlement agreement will be enforced by a court even if the distribution of the assets under the agreement differ from the distribution of the assets under the will. A family settlement agreement is an alternative method of administration in Texas that is a favorite of the law. Family settlement agreements may come about when the will does not treat the testator’s children equally but all of the children want to divide the estate equally. This happens when a parent and a child are estranged at the time of the execution of the will. The family may want most of the estate to go to a less fortunate sibling who is not doing as well financially as the others. There may also be tax reasons to enter into a family settlement agreement. Family settlement agreements may also be used to settle will contest cases. To be enforceable, the family settlement agreement must:
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