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Texans and people across the nation are well-advised to have a comprehensive estate plan. This is necessary to avoid a legal dispute between heirs and to ensure that the assets go where the testator wants. The pitfalls of a perceived failure to do this can be found in...
You know that you should at least have a will, just to prepare for what will come eventually. A will is a good place to start with any estate plan, but sometimes it just isn't enough. This is where trusts enter the picture. A trust may give you all the protections you...
Texas residents who create an estate plan should remember that the document is not something that should stand on its own, never to be changed. The goal in an estate plan is to prepare for the future. However, circumstances in the present can fluctuate. Updating and...
Estate planning in Texas has grown far more complicated than it once was. With the number of different financial vehicles available in which people are willing to invest, online banking and the secret nature of much of these new investments, navigating an estate plan...
Probate in Texas can be a complex matter and the type of will that the testator had is a major part of that. A legal dispute regarding a will's validity can hinder the attempts to move forward with the probate process. It can also lead to the challenging of a will and...
Texas residents who are unsure as to whether they even need an estate plan should bear in mind public disagreements over estates of people who have died, especially those who had significant portfolios and can continue making money after they have died. While the last...
Divorce often means change. You may experience a change in your finances, a change of residence, perhaps even a name change. Your routine will be different, and you may also have a new social set in which you travel. There are many aspects of your life that a divorce...
For Texas residents who are moving forward with estate planning and are seeking to ensure that their heirs and beneficiaries are cared for after their death, taxes should be considered when preparing for the future. This is true whether the estate is one of...
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...
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...