The $190,000 Birthday Present: What Texas Law Does to Your Kids' Inheritance When There's No Trust
Michael and Jennifer Torres had a will. It named their two daughters as beneficiaries. When both parents died in a highway accident outside Frisco, their 17-year-old received a court-supervised guardianship for five months — then $190,000 dropped into her hands on her 18th birthday with no strings attached. Their 13-year-old waited five more years. Nobody planned for either outcome.
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