You are knee-deep in the process of writing a will and planning your estate and things are only getting more confusing. As you prepare to pick apart your future and create a plan for the rest of your life, it is important that you do things the right way. When you are...
If you are considering making plans for when you die, you should contemplate making a trust. So, what exactly is a trust and what can you include in it? Also, who will have access to my trust and how does the process work? What is a trust? A trust agreement is a...
Most parents agree that their most valuable asset is their child. However, only 36 percent of parents with children under 18 years old have estate planning documents, such as a will or trust. Estate planning is a significant aspect of managing assets and protecting...
Even though a large portion of Texas citizens do not commit to estate planning, many residents are heavily encouraged to do so that their property can end up in the right hands after unpredictable circumstances. Part of why most Texans refuse to begin estate planning...
If you are a Texan unfamiliar with estate planning, you may not be familiar with the term "irrevocable life insurance trust." According to FindLaw, an irrevocable life insurance trust is a life insurance policy managed by a designated trustee who distributes benefits...
People in Houston are encouraged to thoroughly plan out the administration of their estates in order to avoid contention and discord from arising amongst their beneficiaries once they are gone. No one wants their passing to push their family members and friends apart;...
In Texas, all homeowners receive homestead protection, a policy that marks your home as an exempt asset to prevent creditors from using it for the repayment of debts. Because your home is a very important asset to protect, it's important to understand the in's and...
Planning your estate in Texas may appear incredibly confusing when you hear the words "trustee," "executor," and "heir," flying at you. In reality, each of these parties will play an important role in seeing that your assets and possessions end up exactly as you...
A will is often the cornerstone of any comprehensive estate plan, but does that necessarily mean it is the best estate planning tool? Our Texas estate planning attorneys appreciate wills for what they can do, but we also recognize the many things they cannot do. One...
When people in Texas have a good job, are surrounded by people they care about and are not immediately lacking anything they desire to have, the last thought to cross their mind may be estate planning. However, studies have demonstrated proof that people who plan...