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Readers in Texas have likely heard over the past few months that the estate tax exemption has been permanently raised to a level of $5.25 million. This, some may believe, leaves them little need for estate planning due to the size of their estate. This is not the...
Michael Jackson is a name that is likely familiar to our readers in Texas. The singer gained fame as a child star and continued his career until his death in 2009. Now, the estate administration of his probate case is at issue and may lead to an additional creditor...
This time of year is exciting for those graduating from high school and college. The future looks bright and they are looking forward to finding of how their careers will grow and their lives will change. What they may not be considering, one recent report that may be...
In Texas, those that enter into the estate planning process most often use the popular tools of a trust or a will. In the case of a trust, the assets left to beneficiaries can be distributed at various times or all at once. For a will, an estate must go through the...
Readers in Texas know well that a will or trust is often included when a person decides to plan for the distribution of their estate. What they may not consider in estate planning is the additional documents and storage questions that can arise. One new article offers...
Texas readers know that estate planning is not a cookie cutter process, just as every family is different. It is often the case in estate planning to have one sibling that might be better suited to money management than another. Instead of granting each child the...
Many people entering into the estate planning process in Texas do so using common tools such as wills and trusts. Each of these options has benefits for beneficiaries and heirs. In some cases, however, trusts may be a better option. This is the case when a person...
People in Texas know well that estate planning can help them achieve their goals as they relate to the distribution of assets after their death. What they may not understand is the vast array of options that they have to choose from to achieve these goals. Because...
People in Texas enter into the estate planning process to achieve many different goals. These include the desire to fund any future needs for long-term care and to ensure that their assets are distributed according to their wishes at the time of their death. The good...
When a family member dies in Texas, there can be many issues that those left behind face. Some come from the emotional loss of the death of a loved one. Others, however, need to consider the details of distribution of an estate. In families where an individual has...