A common question many Texans have is, can a trust be changed after it's established? It's a question that often pops up, especially when life throws those curveballs we never see coming. Whether it's marriage, divorce, the birth of a child, or any significant life change, those events often have us … [Read more...]
What is Estate Planning and Why is it Important in Texas?
Estate planning in Texas provides an essential framework for organizing assets and making decisions that help protect loved ones. Without a clear plan, families face unnecessary stress and financial hurdles. Understanding how estate planning works will help you prepare for what lies ahead. Quick … [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...]
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...]
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 Grandparents Can Use 529 Plans to Support Their Grandchildren’s Education | Warren & Migliaccio
The Cycle Continues Your adult children — one of the first generations to benefit from Section 529 plans — are saving for their kids’ college educations through 529 accounts of their own. Did you know that parents aren’t the only ones who can establish 529 plan accounts? As a grandparent, you can … [Read more...]
Importance of Beneficiary Designations in Estate Planning | Warren & Migliaccio
The Importance of Keeping Beneficiary Designations Updated: A Lesson from the Rolison Estate Case When it comes to estate planning, one of the most overlooked but critically important tasks is ensuring that your beneficiary designations are up to date. A recent case involving Procter & Gamble … [Read more...]
