Trusts are available to meet unique family problems
In general, many people, attorneys and otherwise, promote the use of trusts to avoid probate and, possibly, save on taxes. Trusts do offer families living in the Sherman area other advantages as well. For example, Texans can use certain types of trusts to address...
Estate planning failures evident when prominent people die
For Texans who have not yet created an estate plan, it might seem like something that can wait. This is especially true for those who consider themselves young and healthy. Still, having an estate plan is not about the individual, but about caring for a family if the...
More than half of American adults have no estate plan
If you could make simplify your loved ones' lives wouldn't you? Estate planning is one way to achieve this. While getting started can be daunting or make you feel uncomfortable, it's an important step to take. Only 4-in-10 adults in the United States have estate...
What happens to my debt after I die?
Much of estate planning is focused on leaving assets to loved ones in a way that you deem fit. But there’s much more involved than that. For example, estate planning can also include a designation of who will make important financial and healthcare decisions in the...
How do wills differ from trusts?
It can be hard to know where to begin when it comes to estate planning. Deciding what documents to include in your estate plan can often be the hardest part. Generally, an estate plan should include a will, as it often serves as an all-encompassing document that...
Specific estate planning concerns to address when remarrying
Having a comprehensive estate plan is a wise step for Texans regardless of their financial and personal situation. The goal with any estate plan is to prepare for the future by protecting loved ones. This can be accomplished in many ways with wills, trusts and other...
Estate planning concerns to address when remarrying
Having a comprehensive estate plan is a wise step for Texans regardless of their financial and personal situation. The goal with any estate plan is to prepare for the future by protecting loved ones. This can be accomplished in many ways with wills, trusts and other...
Health care directives as part of estate planning in Texas
Estate planning is a foundational part of full preparedness in Texas and across the nation. People want to know their loved ones are protected and their assets will be allocated based on their preferences. There are other aspects of estate planning that should also be...
Why estate planning is also important for younger adults
Young people must often rely on the slow process of learning through experience. That's why it's generally a good idea to start the estate planning process at a young age in Texas. Perhaps the first thing a young person learns is someone does not need to be "old" to...
Estate planning in Texas
Estate planning is important for people no matter what stage of life they are in or how large their financial portfolio is. The idea that estate planning is limited to those of advanced age and massive wealth is simply a misconception. Proper estate planning involves...
