Keeping you up-to-date on estate planning news
Executor Restrictions in Texas
If you have been named in a will as the executor of an estate in Texas, the county probate judge must decide if you are qualified to serve.
The Advantages and Disadvantages of Lady Bird Deeds
Lady Bird Deeds can be incredibly useful vehicles for the transfer of real property after someone's passing.
How long does Probate take in Texas?
You’ve heard that probate is an expensive and time-consuming process, but how long does it take, exactly?
Reasons for Removing an Executor in Texas
Wills often name an executor to manage the deceased person’s estate after their passing. Nominating an executor is an important decision because it implies many responsibilities.
What Happens if an Executor Dies
If tragedy strikes and your executor dies before being able to complete their duties, you may be wondering what happens next.
What is a Gun Trust and how can it help me?
Gun trusts deal with ownership of firearms that are based on federal and state regulations.
How to Handle Estranged Children
If you have a child that you do not talk to, you may want to make sure that the child does not inherit part of your estate. It can be a tough decision, but the process is relatively simple, especially when you hire an estate planning attorney.
The Responsibilities of a Beneficiary
The beneficiary of an estate receives assets and rights as directed by the will. However, there are important responsibilities that come with the role as well.
The Difference Between a First-and Third-Party Special Needs Trust
If you have a loved one with special needs, you probably know that special needs trusts are used to financially support them without risking their ability to qualify for government benefits. But you may not be familiar with the different types of special needs trusts.
How to Leave Property to a Special Needs Trust
If you want to leave property to a loved one with a disability, you must plan carefully. Setting up a Special Needs Trust will help support your loved one after you pass.
Three Alternatives to Probate in Texas
Do you know how property is commonly handled during the probate process in Texas?
Potential Pitfalls of Assigning the Wrong Executor
To safeguard money, real estate, and personal belongings, hiring an estate planning attorney is essential.
Texas Intestate Succession Laws
Intestacy refers to the status of someone’s estate who dies without a will. When a person has died intestate in Texas, his/her estate goes through probate court and the state laws will control how to distribute the assets.
What happens if you die without a will?
If you still haven’t gotten around to drafting a legal will, the best time to get started is right now.
What happens if you can't find your parents' will?
Sometimes families don’t talk about estate planning with each other. Some parents may not even tell their kids about a will.
Three Key Elements of Smart Estate Planning
It’s likely that you expect to use your assets to give your family a good life in the here and now - things like travel and college tuition. But have you thought nearly as much about positioning your assets so they’re ready and able to help the people you love after you’re gone?
How to be a Super-Grandparent
If “all the world’s a stage,” then many would agree that among the very best roles to play is that of grandma or grandpa. Grandparents get to show up - ideally quite regularly - to offer unconditional love, patient focus and firsthand life lessons (often when those things are most needed).
Two Types of Family Business Succession Plans
If you own a family business and want to pass that business down to the next generation at some point, a business succession plan is a key tool to have in your arsenal.
Sudden Wealth: What Should You Do if You Strike It Rich?
If a few million dollars - or more - fell into your lap tomorrow, what would you do?