The importance of estate planning in Texas cannot be overstated. Just as important is the person you name as the executor or your estate. You give several responsibilities to this person. So, you have to be sure that they are willing to make the time commitment and...
Month: July 2020
Month: July 2020
Emergency estate planning questions you should consider
During times of crisis, the uncertainty of your future or those of your loved ones may be overwhelming. Although personal conversations about the end of your life may be uncomfortable, they are essential to have with your family. This is a good time to reflect on...
Including businesses in an estate plan
Though Texas has relatively favorable estate tax laws, estate planning is still important to help ensure that the intended individuals receive the property or assets that are left to them. Estate planning is also good for business owners since it can set forth what...
Who is an interested party in probate?
When a Texas estate goes to probate, there are a limited number of people and parties who are able to participate in the process. The rule is that one must be considered an interested party to have their say in court. Oftentimes, one's interested party status is in...
Tips for choosing executors or trustees
People in Texas who are creating an estate plan might wonder how they should choose an executor or trustee for their will or trust. For example, it should be someone who is likely to outlive the individual creating the will or trust, so both age and health are...