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Category: Estate Planning

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Trust Administration: Understanding the Duties and Responsibilities of a Trustee

Posted on March 28, 2023

If you are considering nominating someone to act as a trustee for your living trust or someone has asked you to be the trustee of their trust, you need to understand the duties and responsibilities of a trustee. When you serve as a trustee, you need to know what you are supposed...

Trust Administration: Understanding the Duties and Responsibilities of a Trustee Continue reading…
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Pet Trusts: Providing for Your Furry Friends After You’re Gone

Posted on March 28, 2023

Many people love their pets more than most people they know, and they worry about what will happen to their pets after the pet owner dies. Texas has a solution for you. Pets Trusts provide for your furry friends after you’re gone. A Texas estate planning attorney can craft a pet...

Pet Trusts: Providing for Your Furry Friends After You’re Gone Continue reading…
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What Should Same-Sex Couples Consider When Estate Planning?

Posted on February 9, 2023

Same-sex couples have gone through multiple legal hurdles to get recognized as different-sex couples do. Same-sex marriage is now legal under federal law, but these couples still have to think about some unique issues that different-sex couples take for granted. It would be a mistake to assume that the federal law that...

What Should Same-Sex Couples Consider When Estate Planning? Continue reading…
Man and woman estate planning

10 Estate Planning Problems of Unmarried Couples

Posted on January 30, 2023

Texas and federal law provide far more protections to married couples than to unmarried couples. This situation is strikingly problematic in the area of estate planning. A Texas estate planning attorney can talk to you about these issues and help you craft documents tailored specifically to your situation and goals.

10 Estate Planning Problems of Unmarried Couples Continue reading…
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What You Should Know About Naming a Trust as a Beneficiary of an IRA

Posted on January 28, 2023

You can do a lot of things with living trusts that you cannot do with a standard will or with many other types of documents. People use different types of trusts to avoid probate, reduce the expenses of estate administration, protect beneficiaries from themselves, qualify for help from Medicaid to pay for...

What You Should Know About Naming a Trust as a Beneficiary of an IRA Continue reading…
Older woman estate planning with attorney

Powerful Provisions in Your Financial Power of Attorney

Posted on January 6, 2023

When you create a financial power of attorney, you try to anticipate all the situations that might happen at any point down the road. A standard power of attorney usually contains some general powers, or the document would be pointless. 

This article will discuss some of the powerful provisions...

Powerful Provisions in Your Financial Power of Attorney Continue reading…
Older couple digital estate planning on the computer

What Is Digital Estate Planning?

Posted on January 6, 2023

When a person thinks about estate planning, they probably think of drafting a will, a trust, or other documents such as a power of attorney. But today, we also need to consider what happens to our digital property and assets when we pass. This is what is known as digital estate planning....

What Is Digital Estate Planning? Continue reading…
Older man working on his estate plan

Who Should Be Your Successor Trustee? – Estate Planning

Posted on November 28, 2022

The choice of who will be trustee of your living trust after you is one of the most important decisions you can make in your estate planning. There are several factors you will want to consider when selecting your successor trustee. 

A Texas estate planning attorney can create...

Who Should Be Your Successor Trustee? – Estate Planning Continue reading…
Woman estate planning with attorney

Duties and Responsibilities of a Trustee – Estate Planning

Posted on November 25, 2022

When you create a living trust document as part of your estate planning, you will need to select someone to serve as the trustee of your trust. Usually, the person who creates the trust is the trustee during their lifetime. The successor trustee steps in to administer the trust after the original...

Duties and Responsibilities of a Trustee – Estate Planning Continue reading…
Older woman estate planning with her attorney

Incapacity Planning – What is It, Who Needs It, and Why?

Posted on October 26, 2022

Anyone could become temporarily incapacitated due to a sudden motor vehicle accident, illness, or injury. Some people are able to recover and regain the ability to manage their finances and make and express their own decisions about medical care and other issues. Some people become incapacitated for many years.

Incapacity Planning – What is It, Who Needs It, and Why? Continue reading…

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Return home Law Office of Carey Thompson, PC
817.840.7503
  • Home
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    • Estate Planning
    • Probate
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    • Small Business Law
    • Startup Business
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    • Carey Thompson
    • Laurie Weir
  • Service Areas
    • Azle
    • Dallas
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    • Parker County 
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