Estate Planning

Asset preservation planning in Texas estates often focuses on helping you organize land, business interests, and other property in a way that may lower risk from creditors, lawsuits, and long term money problems. In Deep East Texas, where you may own land, run a...

These days, much of life happens online. From banking apps to photo storage to social media, digital accounts often hold some of a person’s most important information and memories. When someone passes away, loved ones are often left trying to sort through more than...

Imagine passing away with property scattered across Texas and beyond. Your family could face months in court, public scrutiny of your assets and delays for heirs who live far away. A living trust may help reduce some of these burdens, though it tends to be most...

Frequently, property owners in Texas with mineral rights sign oil and gas leases. These contracts give companies the option of extracting resources from the property by establishing wells there. Oil and gas leases can provide regular revenue for property owners,...

It’s crucial to update your estate plan when circumstances in your life change. This ensures your estate plan reflects your existing wishes. One of the changes that calls for an update is the dissolution of a marriage. If you go through a divorce, you need to make...

Losing a loved one is an emotionally charged situation, but it’s one that triggers a series of tasks that must be handled. One thing that some people don’t think about when their loved one dies is what’s going to happen to the debts that the individual had. Those...

Entering a second marriage is a fresh start, but it also brings unique financial and legal considerations. Without a clear estate plan, unintended consequences can arise – such as assets not reaching children from a previous marriage or disputes over inheritance....

Creating a will is one of the most important parts of estate planning. Nonetheless, not everyone may have the legal capacity able to do so. This where the concept of testamentary capacity is relevant.  Understanding testamentary capacity is essential for anyone...

There are numerous types of trusts, all with unique functions. One of the lesser-known ones is a generation-skipping trust, which can be a powerful estate planning tool. A generation-skipping trust allows assets to be transferred to beneficiaries, bypassing the...

A power of attorney authorizes someone else to make decisions on your behalf. For instance, you could use a financial power of attorney to allow someone to pay your taxes or access your bank account. You might use a medical power of attorney to give your agent the...