More than a third of wealthy baby boomers in Texas and elsewhere across the country have not discussed their finances with their children. In addition, these potential beneficiaries may not be aware that their parents may be planning to give much of their wealth to...
Month: June 2012
Proper estate planning can ensure that wishes are followed
For some, creating an estate plan is about leaving money to their children. For others, the estate plan is focused more on funding a charity or organization that supports an important cause. Regardless of the intent of your estate planning, it is important that...
Small-business owners worry about possible estate tax change
Building and maintaining a family business -- whether large or small -- can take time, money and effort, as many in Texas know. That is why it is important for many to consider how to save the family business when they begin estate planning. One of the considerations...
Gore-Tex heirs battle it out in court over adoption
When a person creates a trust to distribute assets after their death, it is often with the intention to share their wealth with family members. In some cases, the amount of money being transferred to heirs is significant, a fact that can lead people to take creative...