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Anything that is left in your estate when you pass will likely be subject to state probate laws. If you don't have a trust or power of attorney documents, items held in your estate may not be managed properly if you become incapacitated. Ultimately, this could put you...
Estate planning for blended families can be challenging. If you are part of a blended family, you must take the time to carefully review and update your will and other end-of-life documents regularly. Top mistakes to avoid Many people make the mistake of not updating...
During the state administration process, executors in Texas manage the wishes outlined in the estate plan. While they are in charge of a wide range of responsibilities, they have specific duties. Under no circumstances can they fulfill the following: Taking early...
There are two types of trusts in Texas available and they both have their own unique set of pros and cons: inter-vivos trusts and testamentary trusts. What is an inter-vivos trust? An inter vivos trust, also known as a living trust, is created during the lifetime of...
Estate planning is necessary to help you protect your assets and plan for your family's future. However, people often make mistakes when creating a plan. Failure to plan for incapacity If you become incapacitated, you can't make decisions for yourself. Incapacitation...