When it comes to planning an estate, attorneys must keep an eye out for potential problems and issues that could come up later on down the road. For example, what if a Texas grandfather decides to leave the majority of his estate to his grandchildren. He might create...
Month: October 2014
How to choose trustees for trusts
Setting up a trust is one thing. Choosing the person who will be in charge of investing the assets within the trust is another. That person must be skilled at maintaining records, handling taxes and staying on top of payments to the beneficiaries of the trust. That...
What is estate administration?
When a Texas resident passes away, his or her estate must be distributed among heirs and beneficiaries. The estate administration process refers to the action of gathering the decedent's assets, paying off the decedent's debts and ultimately distributing what is...
Texas estate planning in the digital age
Thinking about the day our lives will come to an end is frightening, and most Texas residents put it off for as long as possible. What that means is that they put off estate planning too. In fact, as unbelievable as it may sound, over half of Americans who have...