When people in Texas create an estate plan, they may use a will, a trust, or other documents to pass assets to beneficiaries. Wills do not take effect until after a person's death. Trusts generally take effect immediately unless they are testamentary trusts. A...
Month: January 2020
The role of a successor trustee
Texans who have been named as successor trustees might wonder what they will be expected to do once the grantors pass away or become incapacitated and unable to continue making decisions for themselves. Successor trustees need to understand what will be expected of...
Houston residents ought to consider this estate planning tool
Thinking about dying is not something most Houston residents want to do. This makes estate planning an arduous task. Considering what to do with property after death is one thing, but considering what kind of end-of-life measures a person may want could be too much....
Start an estate plan one step at a time
Texas families often avoid the very critical task of devising an estate plan because they are in the dark about what it means or just simply afraid to think about their own death. However, they can design an effective estate plan by taking things one step at a time....