Craig W. Watson, Attorney at Law Serving Sherman And Surrounding Texas
Estate Planning For Peace Of Mind
Estate tax is a controversial issue in Texas. There are certain methods you can use in order to minimize your contributions. Employing them will help you pass on a larger portion of your assets to your heirs. Create a family limited partnership Estate planning can...
There are rules and regulations that cover how creditors are paid from an estate in Texas. You must be familiar with them if you have been named as an executor. It will be up to you to follow all of them so that no issues arise. The goal will be to pay as many...
Taking the time to put together a will is a major step. The will is a legal tool that will guide loved ones in the event of death, helping them as they navigate the legalities that come with transferring an estate. It will provide the instructions for who gets what...
In Texas, creating a living trust as part of your estate plan can simplify your financial matters after your passing, easing some of the burden for your family and loved ones. A living trust also provides peace of mind that the trustee will fulfill your wishes....
For most parents in Texas, thinking about a day that they won't be able to care for their children is not something they want to do. However, all parents, even young parents, face the reality that time and unforeseen events could happen. For this reason, many are...
According to studies, 40% of American adults have at least one stepparent. However, when relationships don’t work out between a child’s stepparent and biological parent, stepparents often wonder what sort of rights they have in Texas. Do stepparents have rights in...
If you’re not familiar with the estate planning process in Texas, all of the tools and terms can seem like the same exact thing. However, there are significant differences between estate planning tools - like wills and trusts, for example. What is a will? A last will...
Estate planning is an important process that guarantees your assets are distributed as you wish after you pass away. While most people tend to think of estate planning as something that only couples or families engage in, it is equally important for Texas singles....
A typical estate plan will have either a will or a trust as a means of controlling where assets go after you die. They may also be used to dictate who cares for your children after you pass. It's possible that you will have both a will and a trust to ensure that your...
Trusts are an option when planning what you want to happen to your estate after you die. Wills are valuable, but heirs may challenge them in a Texas probate court, and your assets might not go to your intended parties as a result. A trust, however, is not usually...
