People often ask me, "why put property in a trust?" This is a great question. As an experienced estate planning attorney in Texas, this question often comes up in consultations with my clients. Many people want to make sure their loved ones are cared for after their passing and are searching for the … [Read more...]
Do You Need a Lawyer to Make a Living Trust? Find Out!
You hear it all the time - "everyone needs a living trust." But do you need a lawyer to make a living trust? It’s a common question, and the answer, as with many things in the legal field, isn’t a simple yes or no. A living trust can be a great estate planning tool. It allows you to control how your … [Read more...]
Can a Transfer on Death Account Be Contested? Legal Insights
Dealing with the loss of a loved one is never easy, especially when questions about their estate arise. If your loved one in Texas had a transfer on death account, you may find yourself asking, "Can a transfer on death account be contested?" It’s a common concern, particularly in situations where a … [Read more...]
What to Put in a Trust: Key Assets Explained
People often think about what to put in a trust when they start planning for the future. They want to make sure their loved ones are taken care of and their assets are protected. A trust can be a powerful tool in estate planning, but figuring out what to put in a trust can sometimes feel … [Read more...]
Can I Be the Trustee of My Own Trust? What You Need to Know
Considering a living trust as part of your estate planning? This might lead you to ask, "Can I be the trustee of my own trust?" It’s a common question with an answer that’s not always straightforward. It depends on your goals, the type of trust, and the laws of your state. This article zeroes in … [Read more...]
3 Documents Every College Student Needs in Texas
Heading to college is a significant milestone in a young adult's life. It is a time filled with new experiences and opportunities. However, it is also often a time of new autonomy from your parents in the eyes of the law. Preparing certain legal documents can protect you in emergencies and provide … [Read more...]
Can You Put a Business in a Trust?
When considering estate planning, business owners wonder if they can put a business in a trust. For many business owners, their company is one of their most valuable business assets. Protecting it is a top priority both during their lifetime and for future. So, can you put a business in a trust? The … [Read more...]
9 Reasons You Need a Revocable Living Trust in Texas
When contemplating your estate planning options, you may wonder, "Do I need a revocable living trust?" Particularly, you might worry about the ease with which your heirs will inherit and manage their portions of your estate. A revocable living trust (RLT) offers a flexible solution, allowing you … [Read more...]
Can a Living Trust Be Contested in Texas? Understanding the Grounds
A well-drafted estate plan gives you peace of mind, letting you provide for your loved ones after you’re gone. One crucial tool in many estate plans is a revocable living trust, which many people use to avoid probate court's time and expense. But can a living trust be contested in Texas? In … [Read more...]
What Happens if You Die Without a Will in Texas?
Creating a will lets you decide how your estate will be handled when you pass away. A will is an important part of end-of-life planning. But many Americans die without a will. In fact, about 60% of people in the U.S. do not have a valid will. A valid will is a legal document. It stays effective … [Read more...]
Making and Funding a Living Trust in Texas
A living trust can be a powerful estate planning tool if you’re looking to protect your assets, avoid probate, and ensure a smooth distribution of your property to your loved ones. In this guide, our Texas estate planning lawyers explain a living trust and the steps to set one up. We also discuss … [Read more...]
How Long Does it Take to Set Up a Trust in Texas? A Guide
As an estate planning attorney in Texas, I often get questions about trusts. My client Lesley and I had been emailing for a year about setting up a trust, but life had kept her too busy to proceed. One day, she emailed to say she’d call me that afternoon. “Hey, Chris,” Lesley said. “I needed to … [Read more...]
How to Put Your House in Trust with a Mortgage : Texas Guide
Putting a house with a mortgage into a trust can be a complex but rewarding estate planning strategy. Many homeowners consider this option to safeguard their assets and make it easier to pass their property to their heirs. However, the process can be tricky, especially when there's an existing … [Read more...]
Putting House in Trust in Texas: Protecting Your Legacy
As an estate planning attorney in Texas, my clients often ask about trusts. One morning, Harris, a long-time client, called me after years of delay, ready to finally put his estate plan in order. He was curious about whether he should put his house in a trust. In his late 50s, Harris had a nice … [Read more...]
Does a Will Override a Trust? Understanding Legal Priorities
Crafting a comprehensive estate plan involves numerous crucial decisions. One question that often surfaces is, "does a will override a trust?" This inquiry arises because both wills and trusts serve as legal tools for guiding the distribution of assets after one's passing. However, they operate … [Read more...]
How to Create a Power of Attorney: A Comprehensive Guide
Planning a future where you might not be able to make decisions for yourself isn't easy. But creating a power of attorney is a crucial step in protecting your interests and ensuring your wishes are carried out. Let's explore how to create a power of attorney, a legal document that can give you peace … [Read more...]
Estate Planning Strategies to Protect and Manage Your Mineral Rights Assets | Warren & Migliaccio
Planning for Mineral Rights in Estate Planning Properly planning for mineral rights is a critical component of estate planning, especially for landowners with significant mineral resources. These rights can greatly influence the value and management of an estate, making it essential to protect and … [Read more...]
What Are 3 Advantages of a Trust Over a Will?
Planning for the future can be a daunting task, but one thing is certain: it is essential. Thinking about what will happen to your hard-earned assets after you are gone can feel overwhelming. This is where estate planning tools like trusts and wills come into play. Choosing between a trust and a … [Read more...]
The Executor’s Role and Choosing the Right Person
Choosing an executor for your estate, also known as a personal representative, is a crucial figure in the estate planning process. This individual is responsible for carrying out the wishes outlined in a will after the testator's (the person who created the will) death. This article will explain … [Read more...]
Living Wills and Medical Powers of Attorney
Living wills and medical powers of attorney are essential components of an estate plan. While often considered together, they serve distinct purposes in safeguarding your healthcare wishes. Understanding Living Wills A living will is a legal document that outlines your preferences regarding … [Read more...]
