Many farmers and ranchers pride themselves on the meticulous care of their homes and property. Texas landowners are no different. A common consideration for someone who has put decades of sweat and toil into running a ranch is ensuring that the tradition will continue...
Estate Planning
Estate planning needs to include social media
In this day and age, most Texas residents enjoy using the Internet and probably have a number of online accounts. These accounts, such as Facebook, online bank accounts and others, usually require special user names and passwords for access. Some of these...
Federal estate tax planning exemptions to increase in 2015
Now that we have made our way into 2015, estate planners around the United States can celebrate the ever-growing size of their federal estate tax exemptions. As of 2015, the estates of those who die with estates under $5.43 million in value will not be subject to...
The vital parts of good Texas estate planning
While it is true that Texas residents may complete the estate planning process for their relatives, it is also true that they are getting something out of it as well. Indeed, knowing that an estate plan is going to help loved ones avoid estate taxes and knowing that...
Beyond estate planning: Is your information organized?
Texas residents are told that having even a basic estate plan including a will, powers of attorney and a living will is essential. That is true, but estate planning efforts could be in vain without organizing the important papers that family members will need if an...
The importance of wills in estate planning
It is important for Texas residents to set up a last will and testament if they want to dictate how their estates will be divided following their deaths. Incredibly, though, a full 70 percent of Americans do not have a will on file. However, when you consider how much...
Estate planning concerns of farmers who strike it rich
Have you ever dreamed of striking it rich by finding vast reserves of oil in your back yard? The funny thing is, it actually happens sometimes. With the extra riches, though, come added financial responsibilities for Texas residents -- both in terms of managing the...
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...
Wills and estates: Questions for dividing assets among heirs
One of the mot difficult aspects of estate planning is trying to figure out who will get what. It is likely one of the biggest reasons why Texas residents tend to put off completing the task. Indeed, a lot of consideration is needed on an emotional and financial...
Estate planning at its finest in Texas
Estate planning is all about preparing for the future. However, it can be difficult for Texas residents to get the ball rolling. Indeed, the end of your life and estate planning are rarely easy things to think about.Many individuals falsely believe that...
