Estate Planning

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...

Not everyone wants to leave their children something when they die. In Texas, you are under no obligation to leave your kids a dime, unless they are still minors when you die, in which case they have a right to some of your estate. So, assuming your kids have already...

Creating an effective estate plan is crucial for ensuring your assets are managed and distributed according to your wishes after your passing. However, many individuals make common mistakes that can complicate or even undermine their estate planning efforts.  Knowing...

Planning for the future is a unique and deeply personal process, and creating critical financial and legal documents depends on one’s individual concerns and objectives. If you are considering the plans you need for security and control over your assets, you will...

Probate. Some see it as a dreaded word, something to avoid at all costs. After all, going through court to sort out the distributions of assets sounds horrid. In some cases, it lives up to the reputation. But in others it works out just fine. With a little prep work...

As you create or revise your estate plan, you will want to make sure your wealth remains intact once it passes on. You may have concerns, then, that putting your assets in a will could devalue your estate. While wills have their place and purpose – especially in...

Questions about how to provide for irresponsible family members and minor children are common in estate planning. Rather than simply not leaving assets to those loved ones, you may want to consider your planning options. Fortunately, numerous estate planning tools can...