Texas residents who were estimating how the new tax laws would affect them should know about the changes to the estate tax. The amount that is exempted has doubled to around $11.2 million for an individual and twice that for couples. While this is important to those...
Month: March 2018
Have you considered how an estate plan could benefit you?
Many people may live their lives without giving much thought to when they will die. While this live-in-the-moment type of attitude may seem positive and uplifting, it may not benefit everyone to avoid thinking about their potential demises. If you die without an...
Trusts are often preferable than simply willing assets to heirs
Texans who are crafting an estate plan might want to keep the document as simple as possible and give their heirs their inheritance immediately. This is especially true when the testator has adult children and believes they are of sufficient education, age and...
Common mistakes made when crafting living trusts
Estate planning strategies inevitably differ based on the individual's needs. Texans who are in the process of deciding what form of estate plan they want to use might be confused by all the available options. Trusts are a common method of estate planning. However,...