How Life Insurance Factors Into Estate Planning
Life insurance offers more than just financial protection—it’s a way to provide security and peace of mind for your loved ones. When unexpected events occur, a well-thought-out life insurance plan ensures that your family has the resources they need to cover expenses, maintain their lifestyle, and move forward. It can also be...

When Should You Update Your Estate Plan?
Your estate plan reflects your intentions for the future, but those intentions can change over time. As life brings new opportunities, challenges, and milestones, your plan should evolve too. Relationships shift, families grow, and finances fluctuate. By revisiting your estate plan regularly, you can ensure it still aligns with what matters most...

Who Pays the Estate Tax, and How Can It Be Minimized?
When thinking about the legacy you want to leave behind, taxes are probably the last thing on your mind. However, they can play a significant role in how much of your estate actually reaches your loved ones. Estate taxes, in particular, can reduce the amount your family inherits, but the good news...

What Are the Disadvantages Of A Trust?
Trusts have gained popularity as a key estate planning tool, especially among individuals with substantial assets or complicated family situations. They offer advantages like bypassing the costs, public scrutiny, and delays of the probate process. However, while trusts can be appealing, they aren't the best option for everyone. Before deciding if...

Estate Planning for Non-U.S. Citizens
Planning for the future can be complicated, especially for non-U.S. citizens. There are unique factors to consider, such as different tax rules, residency statuses, and the implications of owning property or other assets in the United States. In this blog, we'll explore these aspects, offering clear guidance on the options available to...

QTIP vs. Credit Shelter Trust: Maximizing Estate Tax Benefits for Married Texans
Estate planning for married couples in Texas often involves selecting the right trust to maximize estate tax benefits. Two common options are the QTIP trust and the Credit Shelter Trust. Each has unique advantages and can be crucial in ensuring financial security for your loved ones while minimizing estate taxes. By understanding...

How Can I Minimize Estate Taxes in Texas?
Estate taxes can be a significant concern for many Texas residents, even though the state doesn't impose its own estate tax. However, federal estate taxes may still apply, potentially affecting the inheritance you leave to your loved ones. Fortunately, there are several strategies you can use to minimize these taxes and ensure...

Guardianship vs. Power of Attorney in Texas: Understanding the Differences for Incapacity
Preparing for the possibility of incapacity involves considering how personal and financial matters will be managed. In Texas, guardianship and power of attorney are two options that provide ways for others to assist with decision-making. While both serve to protect the interests of individuals who may become unable to make their own...

Estate Planning for Artists and Creatives in Texas: Protecting Intellectual Property
As an artist or creative in Texas, it's important to plan for preserving and managing your creative works after your death according to your wishes. Estate planning tailored to your unique needs can safeguard your intellectual property rights, manage licensing agreements, and ensure your artistic legacy is fairly distributed to beneficiaries....

Can I Put My Farm in a Trust?
Families often want to hold onto land, hoping to eventually pass it on from one generation to the next. Many Texans have kept their farms in the family for years. As you consider your family’s needs and your wishes for your property, you may wonder about your options for protecting this valuable...