Planning a special-needs trust for a loved one in Texas requires careful attention. This type of trust helps a person with disabilities keep their eligibility for government benefits while getting extra financial support. However, some common mistakes can ruin the...
When managing your wealth and protecting your assets for future generations, trust companies play an important role. But what exactly do these financial institutions do, and how can they benefit you and your loved ones? Understanding the role of a trust company can...
When it comes to estate planning, individuals often look for tools to simplify the complexities of property distribution. One thing to consider is the value of a revocable trust. Understanding its benefits can help you see how this trust can enhance your estate...
Estate planning involves making decisions about the management, preservation and distribution of your assets both during your lifetime and after your death. Many types of trusts exist and can meet various aims. However, Texans doing their estate planning may find that...
In this article, you will discover: The possible dangers of drafting your own will or trust Yes, you can draft your own will or trust. I have reviewed many self-written wills and trusts during my career, and I have also reviewed wills and trusts created from online forms. I have personally never seen a self-written […]
In this article, you will discover: The purpose of trusts When you must have a trust A trust is a written document that specifies who you want to handle your estate at your death and who gets your assets at your death. It sounds like a will, but it functions very differently. 1. A trust […]
In this article, you will discover: The purpose of trusts When you must have a trust A trust is a written document that specifies who you want to handle your estate at your death and who gets your assets at your death. It sounds like a will, but it functions very differently. 1. A trust […]
In this article, you will discover: Necessary healthcare-related planning documents Important components of an estate plan How often an estate plan should be reviewed If you need an estate planning attorney You absolutely can keep control over your assets if you put them into a trust. The trust that I recommend is fully revocable and […]
There is a common misconception “out there” that estate planning is just for the rich. Let me clear that up. Estate planning is NOT just for the rich. It’s for everyone. That’s right, everyone. It doesn’t matter what you do for a living, whether you have a dozen kids or no kids, whether you think […]