Testators drafting their wills frequently begin the process by identifying their most valuable assets and selecting their intended beneficiaries. People who take control of the estate planning process can choose exactly what their loved ones inherit. In some cases,...
Year: 2025
Can business owners arrange to sell their company after they die?
Running a successful business can be a point of personal pride. It can also provide the owner with a consistent stream of income. Many business owners aspire to have their loved ones assume control of their organizations after they die. They like the idea of their...
Minimizing taxes in business law succession planning
Business succession planning helps ensure a smooth transfer of ownership upon retirement or passing. In Houston, this process also involves preparing for taxes. Without a plan, your family, buyer or heirs may face significant estate or capital gains taxes, potentially...
Creating an estate plan to protect your business assets in 2025
The federal estate tax in 2025 was record-high—each person can pass on around $14 million. But it is expected to drop significantly in 2026. So, if someone with substantial assets dies after the change, the government can tax that amount even before the heirs receive...
What are holographic wills, and how can they cause disputes?
A holographic will might seem like a simple solution for documenting your final wishes. These documents can serve as legal wills in Texas under specific requirements. Many people might turn to holographic wills during emergencies or if they want to avoid attorney...
How to provide for your disabled child now…and later
Planning for the future of a disabled child is an essential aspect of estate planning that requires careful consideration and strategic decision-making. If you are a parent or guardian of a disabled child, you need to ensure your child's needs are met, during your...