What Is Muniment of Title?
Help from Knowledgeable Probate Lawyers in Katy
A muniment of title action is a streamlined probate procedure used to transfer title of estate assets to the beneficiaries named in a deceased individual's will.
The threshold for a muniment of title action is that the deceased individual had a will and the estate does not owe any debts, with the exception of debts secured by liens on real property. The lack of debt owed enables the estate to bypass the administrative process, resulting in a faster resolution of the estate and distribution of assets.
If more than four years have elapsed since the individual's death, a muniment of title action is the only available probate procedure.
Benefits of a muniment of title action include:
- Allows for the transfer of property to named beneficiaries of a will
- Bypasses the estate administration process when no debts are owed
- Streamlined process provides for faster resolution of estates
- Only probate procedure available when more than four years have elapsed since time of death
Compassionate Counsel for Your Probate Needs
The attorneys at The Springer Law Firm have the experience and knowledge to guide you through the muniment of title process and all aspects of probate. Contact the compassionate and caring Katy probate lawyers at The Springer Law Firm to discuss whether or not a muniment of title action is available to you.