Why Is Having a Will Important in Estate Planning?
Many people procrastinate about making a will because they incorrectly assume that their loved ones will automatically receive their property after they die. In fact, dying intestate (not having a valid will at the time of your death) could leave the people you care most about empty-handed and...
Is a Handwritten Will Valid? Everything You Need to Know About Holographic Wills
Texas allows handwritten (holographic) wills, but usually, a typed will is a better option. There are some restrictions, however, on holographic wills in Texas that could invalidate a handwritten will under the right circumstances. Because of those rules, relying on a handwritten will can be risky and subject your loved ones to...
What Are the Disadvantages of a Trust?
Trusts have become an increasingly popular estate planning tool. Individuals with significant assets and complex family dynamics favor trusts to avoid the expense, public record, and protracted probate process. However, as attractive as trusts can be for some, they aren’t the right choice for everyone and there can be disadvantages. To make...
What Are the Rights of a Trust Beneficiary in Texas?
What Are Spousal Lifetime Access Trusts (SLATs)?
5 Things You May Not Know About Special Needs Trusts in Texas
Are Pet Trusts Available in Texas?
Using Trusts for Minors in Estate Planning
Minors cannot receive inheritances or property. Therefore, it is important to include provisions with an estate plan for a minor’s interest. Trusts are excellent tools for managing a minor’s interest in an estate until the minor is an adult. A Texas wills and trusts attorney can help you determine which type of trust...