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Wills are often successfully contested in Texas for a wide variety of reasons. It is important to do your research if you are interested in grounds to contest a will. There are plenty of reasons why a will can and should be contested. However, successfully contesting a will requires you to understand the law and… Read more »
You have worked hard your entire life – do you want to ensure that the right people inherit your hard-earned property? It is time to think about estate planning. What is estate planning? This is a legal arrangement where individuals decide who will own or manage their assets when they are incapacitated or deceased. If… Read more »
If you or a loved one is reaching the golden age, you are probably considering your options or their options for healthcare and general assistance as the aging process progresses. Long term care is one common option that families find helpful as their loved one ages. While home care services for the elderly might sound… Read more »
A succession plan is crucial if you have a family business or a business managed by a large group of owners, shareholders, or other groups. While retirement might seem light years away, it’s never too early to plan how your business’s management, assets, and more will transition when you are no longer managing it. Because… Read more »
Are you looking for a way to ensure your family’s legacy is secure for generations to come? A dynasty trust may be the answer. This type of trust allows a family to pass down wealth from generation to generation without having the assets be subject to the estate tax each time they are passed down…. Read more »
An irrevocable trust can be an integral part of estate planning. There are specific rules and regulations regarding irrevocable trusts in Texas. In most cases, it cannot be altered or terminated. So, before creating one, all considerations must be taken into account. If you are in need of a Dallas trust attorney, count on the… Read more »
It is important to plan for incapacity. Some would say it is as necessary as planning for death. The biggest difference between the two is, that one is certain, and the other is very likely. So, it is important to make preparations in advance. What is Incapacity Planning? Mostly, it means someone is preparing for… Read more »
A trustee is someone with a legal obligation to manage the trust property for the benefit of the beneficiaries per the terms of the trust agreement. If the settlor dies, the trustee becomes responsible for administering the trust according to the terms of the trust agreement and applicable state law. If the trustee fails to… Read more »
Succession planning for a large corporate enterprise is about finding the right person to inherit a particular job. In contrast, business succession planning for small businesses is critical. It’s all about the long-term survival of the company you worked so hard to build. What Is Business Succession Planning? Succession planning consists of developing and implementing… Read more »
Pet Planning with Texas Pet Trusts Well-considered estate plans allow you to protect your assets, reach financial goals, and provide for your family members in the future. While considering the various aspects of your trust, you could also have concerns about the wellbeing of your pet when you pass away or if you become incapacitated…. Read more »
