Estate planning is an important process for everyone, but it can be a more pressing matter for those who are getting older. With that in mind, you might have found your way to our blog because you’re concerned about your parents’ estate plan or lack thereof. It’s not...
Month: November 2020
Wills and trusts in Texas
Generally, states have very similar laws regarding wills and trusts creation and requirements. A will is a document that legally binds a person’s property to be distributed according to that person’s wishes after his or her death. A trust provides a person options to...
Advantages and disadvantages to a revocable trust in Texas
Many Texas residents have heard of wills, but are unfamiliar with revocable living trusts. Revocable living trusts allow you to have a say in how your property will be handled while you are living and after you pass away. If you choose to set up a revocable living...
Estate planning misconceptions
Planning your estate ensures your assets and possessions will be distributed according to your wishes. Furthermore, it lightens the burden on grieving family members caught up in funeral planning. Despite all of the above benefits, many people will die with no will or...