Law Office of Sharon C. Stodghill

Call Us Today

713-464-6412

Posts tagged "assets"

Texas estate planning may be affected by new tax rules

Many of our readers in Texas may feel that the rules for estate planning are complicated. This has been especially true in recent years due to the ever-changing laws for issues such as the federal estate tax. Now, Congress has enacted a new set of laws aimed at making some of the more complicated estate planning considerations easier for some to understand.

Texas estate planning can be used for the care of pets

Heirs of an estate can take many different forms. For many readers in Texas, their pets are a member of the family that are as important as any individual or organization that are potential heirs to an estate. For these folks, estate planning includes making plans for the care and welfare of their beloved animals after a death or incapacitation.

Texas estate planning can include a will

There are many tools that individuals in Texas can use to create plans for the distribution of their estates after their deaths. In fact, estate planning can be customized to fit every individual need. Though many believe that this process is only for those who are wealthy and have large estate, it can be important and beneficial for every individual in our state to have a will and other estate planning materials.

Texas estate planning can include a will

There are many tools that individuals in Texas can use to create plans for the distribution of their estates after their deaths. In fact, estate planning can be customized to fit every individual need. Though many believe that this process is only for those who are wealthy and have large estate, it can be important and beneficial for every individual in our state to have a will and other estate planning materials.

Spiritual estate planning a new trend in Texas for beneficiaries

There are many reasons that people in Texas decide to create an estate plan. For some, it is the desire to ensure that their heirs receive the assets that are left after the planner's death. For others, it is to guarantee that their values are transferred to heirs and beneficiaries along with the monetary assets that are more commonly distributed. Such individuals may be interested to learn about a new trend called spiritual estate planning that is becoming more common in our state and across the nation.

Super storm leads some in Texas to consider estate planning

Super Storm Sandy was a large weather event that ended with people across the northeastern part of our country suffering severe damage, including flooding and the loss of their homes. Though this storm took place far from Texas, the storm may have reminded many in our state of the importance of estate planning. This is because in some cases, the super storm left people unable to care for their property, including beloved family pets.

Estate planning in Texas can include small business exit

Famed Star Wars Director George Lucas recently sold his movie company to Disney for more than $4 billion. This move was part of an estate plan that allowed the filmmaker to use many of his assets while he is still alive to limit taxes that his heirs may have had to pay on his estate after his death. While Mr. Lucas's estate is large, others in Texas can use a similar strategy for their estate planning.

-->