Texas parents often want all or most of an inheritance to go to their children after they pass away, to ensure their children’s financial needs are met and decrease the chances of their children experiencing money troubles after their parents are gone. The state of...
Month: August 2021
Protecting assets with a family limited partnership
Working with family members can have a lot of benefits. There is a specific type of business structure available to families that can help them with their business and with estate planning, called a family limited partnership. It used by the family to pool their...
Special types of deeds available in Texas
Our property is valuable to us and deciding to who to give our property to after we die is a major decision. Dallas property owners may be uncomfortable with the thought of their property passing through the probate process and any potential complications along the...
Understanding long-term care insurance
Most people know that they need to purchase various types of insurance, including coverage for their car, home and health. They may not have considered the need for long-term care insurance, however. Long-term care insurance pays for care including nursing care, home...
Under what circumstances can an executor be removed?
Being named the executor of an estate carries with it great responsibility. An executor has many duties which must be fulfilled correctly, and in a timely manner, so that the deceased’s last wishes are implemented faithfully. Because of the executor’s importance,...