There’s more that you can do with your estate plan than most people realize. But unless you know your options, you may miss out on the opportunities that best support your vision of the future and the protection of your loved ones and your assets. Therefore, it’s wise...
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Estate Planning
How do I start the Texas probate process?
The first question you likely have when you finally step into your new executor role is whether you need an attorney. In Texas, probate hearings are judicial proceedings. The only person who can represent others in judicial proceedings is a licensed attorney. Since...
How can an estate plan protect my assets?
As we age, our estate plan ages as well. It grows and becomes more and more complicated. But, as your estate grows, your Austin, Texas, estate planning tools should also include protecting the estate from litigation, bankruptcy, medical issues, etc. Litigation...
Should you use an incentive trust in your estate plan?
There are a lot of ways to approach your estate planning. The strategy that you take is going to depend in large part on what you hope to get out of the process. If you want to support a charitable cause, you may want to use a charitable remainder trust. But what can...
Why is it so important to have a will?
Many Texans don't have a will. In fact, a report last year showed that nearly half of adults in the United States don't have a will. If you were to ask some of these people why they don't have a will or any estate plan, you'll probably hear that they don't think they...
Does all property have to go through probate?
Many, if not most, estates in Texas must go through the probate process. If you have a will when you die, the probate court will decide if the will is valid and oversee the process as your personal representative or executor distributes your estate according to your...
What are the benefits of a trust?
The basic goal of any estate plan is to ensure that people in Austin can dictate that their property ends up with the people they want to have it after they pass away. This can be done in a few different ways. However, there can be more to an estate plan then simply...
How do I set up an incapacity plan for my estate plan?
Incapacity planning is an important part of estate planning. The estate planner should think about what they want if they become incapacitated and should include a plan for if they do experience incapacity in their estate plan. Setting up an incapacity plan for my...
Your estate plan can change automatically after divorce
It is no surprise that, as the circumstances of your life change, so too will your estate planning needs. Certain life events will necessitate you proactively updating your plan to reflect your new circumstances. What you may not realize is that, following a divorce,...
Questions and answers for how to select an executor
Estate planners may have many questions on their minds when they are setting up their estate and selecting an executor for their estate. It is helpful for them to have answers to those questions and to know how to go about selecting an executor for their estate....