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Posts tagged "estate planning"

Do you believe these estate planning myths?

There is no denying the fact that there is a lot of gray areas associated with estate planning. Even if you have a good working knowledge of estate planning, your legal rights and federal and state laws, you could still make a mistake that costs you and/or your family.

How to discuss estate planning with your adult children

You're perfectly within your rights to keep all your estate planning matters to yourself. You don't have to share your estate plan with anyone, even those who are closest to you. However, there may come a point when you realize the benefits of discussing estate planning with your adult children.

Anyone can make one of these common estate planning mistakes

You create an estate plan with the idea that it will be 100 percent perfect. And while this may be your intention, there is no guarantee of it happening. It's easy to make mistakes along the way, especially if you don't seek the appropriate assistance.

The importance of funding a living trust

There are different ways that people in Texas can leave their property to their loved ones after they pass away. One is by simply allowing their property to pass according to the intestate laws. However, people can also dictate where their property goes by drafting a will or a trust. Both allow people to specifically state who receives their property, but trusts have the added benefits of keeping people's estates from going through probate.

How divorce affects one's will or trust

Many people in Texas have wills or trusts drafted during their lives to help ensure their property goes to the people they want after they die. Throughout people's lives, circumstances change, and life may be very different than when people originally drafted their will or trust. One way that people's lives may have changed is that they may have gotten divorced.