As estate planning tools, trusts have valuable benefits. They enable you to control how and when your property is distributed after you pass, reduce gift and estate taxes, and avoid…
Main Takeaways A trustee is required by Texas law to act reasonably in the context of the specific trust being administered. A trustee can reduce the odds of expensive, time-consuming, and potentially…
Understanding Trust Litigation Lawyers Can Assist With Your Concerns As the number of baby boomers who are retiring continues to increase, and the burden of elder care and child care…
Like snowflakes, no two Marriages are ever alike -- and the same is true for a carefully crafted estate plan. These days, the “traditional” American family model (i.e., husband-and-wife on…
Preserving your estate for your children, in general, is one of the most critical reasons to make sure you have a well-executed and organized estate plan. Unfortunately, when you are…
A trust can be defined as a relationship that is set up where one person holds property for the benefit of another. This relationship is typically set up in a…
So, you had your estate documents prepared the way you wanted them. You have ensured that your assets will be passed to the next generation according to your wishes. Right?…
Having a special needs child presents several challenges to families. One area that is commonly overlooked, when dealing with this type of situation, is a strategic estate plan that takes…
I want to start by giving you a definition of what a beneficiary is in terms of beneficiary designations. A beneficiary of an account receives the account or proceeds of…