The Houston trust litigation attorneys at Morris Ostrom Law have been helping clients seek justice for trust mismanagement for many years. One of the big concerns our clients have is protecting their estates and its beneficiaries from losses due to fraud and other abuses. A Trustee Has a Legal Duty to Act in the Best […]
Read MoreCelebrate Family Caregivers During November
A family caregiver provides unpaid physical or emotional care for a minor, elderly, ill or disabled loved one. In the U.S., 43.5 million people have provided such care for an adult or child in the last 12 months. Family caregivers often make many sacrifices to ensure that their loved one’s health and well-being is provided […]
Read MoreContesting Trust Accountings in Texas
Trustees serve their beneficiaries in a fiduciary capacity. This means they are responsible and accountable for the management of trust money, property and other assets on behalf of their clients. Under Texas state law, a beneficiary may request the trustee to deliver a written statement of accounts covering all transactions to ensure their trust is […]
Read MoreHow to Terminate a Trust in Texas
When a trust statement is drafted, it is almost impossible to take all possible life scenarios into consideration. If something has slipped through the cracks and you realize your family trust fails to address certain issues, Morris Ostrom Law may be able to help you modify or terminate it. Terminating a Revocable Trust Trusts that […]
Read MoreImproper Investment Breach of Fiduciary Duty in Texas
Fiduciaries have a great responsibility to serve their clients’ interests. When a fiduciary fails to perform their duties while making investments on behalf of their clients, whether through negligence, greed or an honest mistake, the effects can be devastating. A Fiduciary Must Put the Interests of Their Clients Ahead Of Their Own Simply put, a […]
Read MoreRemoving A Trustee In Texas
Trustees who oversee and manage family property are supposed to act in the best interest of the beneficiaries. Their conduct is held to high standards and monitored closely. If you are a trust beneficiary and feel the trustee is not fulfilling his or her fiduciary duty, you may be well advised to have them removed […]
Read MoreWhat Happens In a Texas Probate Hearing?
At Morris Ostrom Law, we have been providing exceptional legal services to individuals and businesses throughout Texas in probate, commercial and fiduciary litigation, bankruptcy and bankruptcy matters for many years. Our clients often have questions concerning their cases. One of the questions we get asked a lot is, what happens in a Texas probate court […]
Read MoreWhat Can I Do If My Relative Didn’t Know What They Were Doing When They Made Their Will?
Are you suspicious that the will of a deceased relative does not reflect their true wishes on how their estate should be divided? If you feel there is something not quite right about a relative’s will, you can ask the probate court to invalidate the document or portions of it by contesting the will. Challenging […]
Read MoreWhat Happens If A Will Is Not Probated In Texas?
A person creates a will to divide their property according to their wishes. Upon their death, this will is submitted to the Texas probate court for the county in which the deceased lived. In the state of Texas, probate is the legal process through which the court recognizes an individual’s death and authorizes the distribution […]
Read MoreWhat are the Duties of the Executor of a Will in Texas?
The executor of a will is the person chosen by the deceased to administrate the provisions of the will of their estate. This responsibility is usually entrusted to a person in whom the deceased has a great deal of trust and confidence, such as a family member, accountant or lawyer. In Texas it is not […]
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