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The Basics on Different Types of Trusts

Posted by & filed under Estate Planning.

When it comes time to plan for death or incapacity, estate planning is vital.  There are various estate planning tools, including wills and trusts, which are available to help create the comprehensive estate plan you need.  Planning for your future and the future of your family is important, as it allows you to determine who… Read more »

Using a Spendthrift Trust as Part of Your Estate Plan

Posted by & filed under Estate Planning.

Trusts are fundamentally agreements based on the trust and confidence between the trustee and the grantor, who is the person making the trust.  The trust agreement authorizes the trustee to administer the trust assets and distribute them to the beneficiaries named in the trust, according to the terms of the trust document.  A spendthrift trust… Read more »

Fatal Accident in Dallas County Reminds us of the Need for Estate Planning

Posted by & filed under Estate Planning, Incapacity in Texas, Incapacity Planning.

On Labor Day this year, a 17-year-old was involved in a fatal car accident in Dallas County, after speeding through an intersection at 87 miles per hour.  She has been charged with aggravated assault with a deadly weapon following the death of the couple whose vehicle she struck.  The couple’s teenaged daughter survived the wreck. … Read more »

Free Report: Estate Planning and You

Posted by & filed under Estate Planning.

Estate planning is not an end goal, but more of a process. It involves evaluating your current situation, desires, and options, and creating legal tools that will help protect your choices. Because each of these variables change over time, so too will your estate plan have to change. Fortunately, once you have the right plan… Read more »

Free Report: The Role of Fiduciaries in Your Estate Plan

Posted by & filed under Fiduciaries in Texas.

Creating a comprehensive estate plan requires careful thought, foresight, and planning. Numerous decisions must be made during the course of your estate plan creation. Most people assume that decisions regarding the distribution of estate assets are among the most important decisions that need to be made in an estate plan. While those decisions are certainly… Read more »

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