Blended families are now part of the landscape here in Texas and across the country. In fact, a recent report suggests that more than 40 percent of American adults have a step-relative of some sort. As folks live longer and more marriages end in divorce, the list of...
Month: March 2012
Mega gift may limit taxes for beneficiaries
Texas residents may be unaware that there are many strategies in estate planning designed to limit the amount of tax due at the time of death. These strategies can include trusts, wills and mega gifts. Early estate planning can help a person maximize the potential for...
Estate planning is important for all Texas residents
A large number of the residents of Texas, along with other Americans, do not have proper estate planning documents, a new report says. The numbers are surprising, showing that up to 92 percent of those under the age of 35 do not even have a basic will, let alone full...
Take advantage of estate tax laws before they change
With so many changes to estate taxes and how they are structured, it may be difficult for many Texas residents to keep it all straight. That is where estate planning comes in. By working with a dedicated professional, it may be possible to create a plan that maximizes...
Houston estate planning involves categorizing prized possessions
People can become attached to their possessions and collections that have been amassed over the years, often making it difficult to let go of them. For Houston residents, strong estate planning involves taking those collections and making sure that they are well taken...