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...
Month: November 2012
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...
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...
Estate planning in Texas may benefit from use of trusts
People in Texas may be surprised to learn how quickly their estate can add up to the $1 million estate tax exemption that may kick back into gear at the beginning of 2013. Adding the family home, investments, life insurance and other assets can take many individuals...
Chung King probate litigation could interest Texas readers
Deciding who will be allowed to manage the assets of a large estate is the goal of a current probate matter that may be of interest to readers in Texas. In the case, heirs to the fortune amassed by a frozen food mogul assert that their parents were unduly influenced...