Estate Planning

You may have a decent understanding of what it means to become the executor of an estate, but are you familiar with becoming an independent administrator? This is a person who has the ability to settle with creditors and to set aside exempt property to sell or...

When you have children, it’s extremely important that you have an estate plan in place that can protect them if something happens to you. You should set up a guardianship, so that another party is there to take care of them if you cannot. You may also want to set up a...

Circumstances and situations may change, and recent events could affect estate planning. A person who moved to Texas may have a will initially written in another state, or a will drawn up in Texas may have clauses that don't apply when someone moves elsewhere. A...

Maybe your parents have stayed in your childhood home, but you pursued a career outside of the state. Perhaps your parents moved down to Texas for a warmer and more comfortable retirement. Whatever the reason, when your parent dies in Texas and you live in another...

With 2020 in the rear-view mirror, it's a good time to make plans for the new year. New Year's Day may have been a few weeks ago, but it's not too late to make resolutions that can benefit your life. We suggest making updating your estate plan one of your goals for...

Most parents in Texas want to leave an equal inheritance to their children. However, there are some cases when it's better to give one child a larger or smaller inheritance than others. In fact, in some cases, leaving a large inheritance behind can actually ruin a...

Your parent did not remarry but has a partner living in their home with them in Texas. They wish to allow their partner to continue living there until their death with the house passing to you after their partner dies. Once your parent dies, do you have to honor their...

Having an estate plan can be important because it allows you to determine what will happen to your assets. An estate plan can also ensure that you have a plan in place to protect your assets and get the medical care you want. Your estate plan should be reviewed every...

Estate planning is a vital step to anyone who is leaving assets behind upon their death, but it takes on another layer of importance to someone who owns their own business. Business owners have invested years of their time and effort into building their business in...

If you own property in Texas and do not have an estate plan in place, you should consider exploring your options. Even if you do not own property but you have other assets to your name, including ones that have nothing more than sentimental value, it is good to have a...