Because an estate plan in Texas and elsewhere consists of a variety of “legal instruments” that must pass muster under state law, it’s best to give up any thoughts of doing them yourself. Consider working with professionals to get your estate...
Month: July 2014
Estate planning allows targeted action regarding children
One important benefit of estate planning in Texas concerns the treatment of minor children. By proper estate planning, people can say who will take care of their children if the need should arise, and they can also appoint a trustee for the money and assets left for...
Business owner may need estate planning with funding
A perception exists, in Texas and elsewhere, that estate planning is about avoiding taxes, but in fact it goes beyond that into even more fundamental issues of how to preserve and protect one’s estate. With respect to federal estate taxes, currently a married...
Estate planning today also accounts for digital assets
In Texas and worldwide, the technology revolution has caused many old paradigms to fall away in the face of changing abilities and opportunities. In estate planning, a new area of digital assets is becoming more defined, while rules and procedures to appropriately...