A will-based estate plan uses a will to handle your assets and final wishes after you pass away. This article explains what it includes, its advantages, its drawbacks, and how it compares with other estate planning tools. Key Points Summary Key Points A will … [Read more...]
Top Benefits of a Trust Based Estate Plan You Need to Know
A trust-based estate plan is a smart way to manage your assets during your life and make sure they go to the right people after you pass away. It includes different types of trusts, like a revocable living trust and an irrevocable trust, each with its own purpose. These trusts help you avoid … [Read more...]
How the No Contest Clause in Will Texas Protects Your Estate
As an experienced estate planning attorney here in Texas, I’ve seen clients get concerned that their beneficiaries are going to contest their wills after they’ve passed away. Fortunately for them, we know how to increase the odds that their last wishes will be honored. This conversation with Walt … [Read more...]
Does Everyone Need a Will? Texas Edition
Planning for the future can be overwhelming. Many ask themselves, does everyone need a will? It’s easy to put off but it’s a part of planning for your family. Creating a will seems like it’s only for the rich or old people. The truth is, whether you’re young, raising a family or enjoying … [Read more...]
Can a Spouse Change a Trust After Death? What to Know
Imagine this: you’re grieving the loss of your spouse and dealing with their affairs. As you go through their estate plan you wonder - can a spouse change a trust after death? It’s a common question for surviving spouses, especially in Texas where laws are different. Whether it’s to adjust asset … [Read more...]
Do you Need An Attorney for Last Will and Testament in Texas?
Need help with your last will and testament? An attorney for last will and testament can simplify the process and ensure your wishes are legally binding through comprehensive attorney services. In this post we’ll cover why you need an attorney, the cost and how to prepare for your consultation. … [Read more...]
Essential Estate Planning for Families: Secure Your Legacy
As a family law and estate planning attorney here in Texas, I often see how the two bodies of law intersect. After I represented Amy in her divorce, I encouraged her to draw up an estate plan to take care of her children in case something happened to her. She didn’t want to think about it so she … [Read more...]
Can I Set Up a Trust Without My Spouse? Legal Guide
Life throws curveballs. Sometimes, these curveballs involve considering complex legal tools like trusts, even if your spouse isn't on board. So, can I set up a trust without my spouse? Yes, absolutely. However, it depends on several factors like your financial goals, the types of assets involved, … [Read more...]
Does a Will Have to Be Signed by Other Parties in Texas?
Creating a last will and testament is a crucial step in planning for the future. It allows you to decide how your assets, including real estate, will be distributed after your passing. One common question is, does a will have to be signed by other parties? Understanding the requirements for valid … [Read more...]
Who Pays the Mortgage on a House in a Trust
Dealing with a mortgage after a loved one passes away raises many questions. One common question is, who pays the mortgage on a house in a trust? This article addresses this concern, offering guidance on trust-owned properties, especially for those with revocable living trusts. We'll cover Texas … [Read more...]
