Residents of Texas may be aware that, as the year comes to an end, it can be a good time to consider a review of an existing estate plan. In addition, those who have made directives as to the beneficiaries of their assets may wish to review those designations. This is...
Year: 2013
Beneficiaries of King estate to benefit from protection of image
Martin Luther King, Jr. is a name that is familiar to our readers in Texas. The civil rights leader died after being shot by an assassin in 1968. Now, his estate is embroiled in a lawsuit over preserving the ownership of his image for his heirs and beneficiaries.The...
Beneficiaries of Huguette Clark estate seek to regain property
The estate of a wealthy woman who died in 2011 is a party in a recent string of lawsuits that may be of interest to our readers in Texas. The woman was the heir to a large fortune created in the copper business by her father, William Clark. Now, those who were...
Trusts in Texas are common estate planning tools
The University of Texas is involved in a lawsuit at the center of a dispute. The University asserts that actor Ryan O'Neal stole a painting that was designated for the school as a result of the estate planning of Farrah Fawcett with the use of trusts. They say that...
Texas estate planning has many benefits
Estate planning in Texas includes many elements. Those who are starting the process are often surprised to learn that they should include not only a will or trust as a part of their estate planning but also documents such as healthcare directives and powers of...
Texas estate planning not only for the wealthy
Estate planning is important for people in Texas, regardless of their net worth, asserts a recent article. It may surprise some of our readers to learn that the wealthy are among those who have the most difficulty bringing themselves to start estate planning. In fact,...
Texas estate planning can include long-term care planning
In Texas, as is the case elsewhere across the nation, people believe that they should plan for long-term care. However, a recent report notes that few people really know how to take such steps. In fact, there are only 10 percent of individuals across the nation who...
Texas estate planning important for all
In Texas, people begin to plan their estate for many different reasons. Additionally, estate planning documents look different for each person because of the wide range of available options for people in our state. These options typically include wills, trusts,...
Estate planning in Texas can protect from some actions
There are many situations that make people in Texas consider how they would want their estates to be treated when they die or become incapacitated. A recent case that may be of interest to our readers is just one of those situations. In that case, the potential...
Texas estate planning need not work to avoid probate
Readers in Texas may be interested to learn about a recent article that considered the estate planning process in Texas. The article dealt with probate and noted that in our state, the process can be completed in relatively quick order. This is a surprise to many here...