In Texas, an estate can be probated in more than one way. The most formal way to administer and estate is formal probate with court oversight. court oversight. Independent administration, muniment of title, and a small estate affidavit are other options. As the name implies, independent administration allows the executor/administrator of the estate to conduct all administrative functions without the need for court approval after the court has opened the probate and approved the appointment of the executor/administrator.
Topics covered in this report include:
- Testate vs. Intestate
- Formal Probate vs. Small Administration
- Understanding the Players
- Estate Assets
- Estate Debts
- Estate Litigation
- Estate Gifts
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