Related Definitions
What is an Asset?
Any property, money, or valuables owned by an individual or estate that can be used to pay debts or be distributed to beneficiaries.
Any property, resource, or item of value that a person owns and which becomes part of their estate after death. Assets can include real estate, personal property, financial accounts, stocks, bonds, retirement accounts, and business interests. In probate and trust litigation, identifying and valuing all assets is a crucial step to ensure that the estate is properly managed and distributed according to the decedent’s wishes or state law.
Overseeing Probate Administration?
RMO provides legal guidance in contested probate matters.Serving clients across California and Texas
Related Articles
Insights and advice on trust and probate estate litigation from our blog.
- Trust Administration
- 14 min read
- Published on
Key Takeaways Introduction A trust is a legal arrangement established by the trust creator to transfer assets into the ownership of the trust, managed [...]
Key Takeaways Introduction A trust is a legal arrangement established by the trust creator to transfer assets into the ownership of the trust, managed […]
- Trust Litigation
- 13 min read
- Published on
Key Takeaways Introduction A trustee plays a vital role in the administration of a trust, as it is their responsibility to distribute trust assets [...]
Key Takeaways Introduction A trustee plays a vital role in the administration of a trust, as it is their responsibility to distribute trust assets […]
- Trust Disputes
- 16 min read
- Published on
Key Takeaways Introduction High-value estates are often more susceptible to disputes and litigation because they involve multiple beneficiaries, complex asset structures, valuable assets, and [...]
Key Takeaways Introduction High-value estates are often more susceptible to disputes and litigation because they involve multiple beneficiaries, complex asset structures, valuable assets, and […]
- Uncategorized
- 14 min read
- Published on
Key Takeaways Introduction During the probate of high-value estates, business interests may cause several types of controversies among heirs or beneficiaries of the estate. [...]
Key Takeaways Introduction During the probate of high-value estates, business interests may cause several types of controversies among heirs or beneficiaries of the estate. […]
- Probate Law
- 12 min read
- Published on
Key Takeaways Introduction Yes, you can live in a home during probate under select circumstances. However, this is not always the case. To be [...]
Key Takeaways Introduction Yes, you can live in a home during probate under select circumstances. However, this is not always the case. To be […]
- News
- 2 min read
- Published on
California and Texas probate litigation law firm RMO LLP announced today that 7 of our attorneys have been included in the 2026 edition of [...]
California and Texas probate litigation law firm RMO LLP announced today that 7 of our attorneys have been included in the 2026 edition of […]
- News
- 1 min read
- Published on
California and Texas trust and estate litigation law firm RMO LLP is proud to announce that 3 of our partners have been included in [...]
California and Texas trust and estate litigation law firm RMO LLP is proud to announce that 3 of our partners have been included in […]
- Estate Litigation
- 18 min read
- Published on
Key Takeaways Introduction Estate planning is a vital process for protecting your assets and ensuring your children and heirs have access to a respectable [...]
Key Takeaways Introduction Estate planning is a vital process for protecting your assets and ensuring your children and heirs have access to a respectable […]
- Probate Estate Litigation
- 13 min read
- Published on
Key Takeaways Introduction Probate is the legal process for settling a deceased person’s estate, either with or without a will. During an initial probate [...]
Key Takeaways Introduction Probate is the legal process for settling a deceased person’s estate, either with or without a will. During an initial probate […]
- News
- 1 min read
- Published on
Matthew A. Bourque, Managing Attorney of RMO LLP’s Dallas office, has been named to the 2025 Lawdragon 500 X – The Next Generation list. [...]
Matthew A. Bourque, Managing Attorney of RMO LLP’s Dallas office, has been named to the 2025 Lawdragon 500 X – The Next Generation list. […]
- News
- 1 min read
- Published on
Meghan M. Glaspy, Managing Partner of RMO LLP’s Orange County office, has been named to the 2025 Lawdragon 500 X – The Next Generation [...]
Meghan M. Glaspy, Managing Partner of RMO LLP’s Orange County office, has been named to the 2025 Lawdragon 500 X – The Next Generation […]
- Undue Influence
- 18 min read
- Published on
Key Takeaways Introduction A trust is a valuable estate planning tool that can help you identify beneficiaries to receive assets after death. However, if [...]
Key Takeaways Introduction A trust is a valuable estate planning tool that can help you identify beneficiaries to receive assets after death. However, if […]