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August 31, 2017

4 Tips for Protecting Your Privacy During Your Divorce

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When you file for divorce, do you have to worry that your family’s financial records and “dirty laundry” will be aired in public? This is a common concern among spouses contemplating divorce, and one that is worthy of consideration when preparing to go through the divorce process. Read More

Categories: Family Law & Divorce

August 24, 2017

Challenging Non-Probate Transfers During Estate Administration

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When preparing an estate plan, there are two broad categories of options for distributing a person’s assets after death: probate and non-probate transfers. Probate is the process of administering a person’s will; and, due to the time, costs and complexities involved in probate, many people choose to structure their estate plans predominantly using non-probate transfer methods. Read More

Categories: Probate and Estate/Trust Administration

July 31, 2017

Understanding Your Obligations to the IRS After a Divorce

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When you are preparing for a divorce it is important to understand how your divorce may affect your tax obligations to the Internal Revenue Service (IRS). While IRS Publication 504 sets forth various tax rules that apply when you are divorced, figuring out how to file and report alimony, child support, property settlements and other transfers of assets can be a very challenging process.  Because it so easy to get lost in the maze of IRS rules and regulations, below are some key points to help you better understand how your federal taxes may change after a divorce.  Read More

Categories: Family Law & Divorce

July 24, 2017

Estate Planning for Millennials: Why You Need an Estate Plan in Your 20s and 30s

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While estate planning does not generally rank as a top priority for young adults, people in their twenties and thirties can benefit from taking the time to develop a basic estate plan.  Even if you are just starting out and your assets are minimal, it is critical to take the right steps now to plan for the future. 

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Categories: Estate Planning

June 30, 2017

Texas Probate Resources for Family Members and Personal Representatives

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If you have recently lost a loved one in Texas, it will be important to familiarize yourself with the probate process. Probate is the method the Texas courts use to administer the estates of individuals who die both with and without wills; and, while it is possible to structure an estate plan that largely avoids probate, in most cases at least some involvement with the probate courts will be required. Read More

Categories: Probate and Estate/Trust Administration

June 23, 2017

Strategies for Protecting the Family Home and Other Specific Assets in a Texas Divorce

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While Texas’s community property law entitles each spouse to have of the marital estate in a divorce, dividing assets down the middle is rarely a straightforward process. Even setting aside complex issues such as valuation of substantial assets and retirement account distributions, spouses will often be at odds over the not-so-simple issue of deciding who gets what. Read More

Categories: Family Law & Divorce

May 31, 2017

Understanding Your IRA: Tax and Estate Planning Considerations

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If you have been putting money into an individual retirement account (IRA), it is important to consider what will happen to your IRA if you have savings left over at the time of your death. By thoughtfully incorporating your IRA into your estate plan, you can both (i) help reduce your loved ones’ tax burden after your passing, and (ii) ensure that your named beneficiary (or beneficiaries) have the information and flexibility they need to make smart decisions about taking distributions from your account. Read More

Categories: Probate and Estate/Trust Administration

May 26, 2017

Can You Seek Financial Support from Your Spouse While Your Divorce is Pending?

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If you are preparing to go through a divorce and you are financially dependent on your spouse, one of the earliest steps in the process will likely be to seek “temporary” maintenance and child support. Typically, these forms of temporary financial support will last for the duration of the divorce process; although, in some cases, a judge may order temporary maintenance for a shorter period of time.

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Categories: Family Law & Divorce

April 6, 2017

What Service Members Need to Do to Prepare for Military Retirement System Changes in 2018

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The National Defense Authorization Act of 2016 includes major changes to the military retirement system. The changes are currently slated to take effect in 2018, with eligible service members having the entire year to choose whether to retain their current benefit structure or opt in to the new system. If you are an active-duty officer or enlisted member of the military, here are some key facts to know about the impending changes: Read More

Categories: Estate Planning

April 4, 2017

Does Getting Divorced Affect Your Credit?

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Getting divorced can impact your life in several ways, but directly affecting your credit is not one of them. The banks and credit rating agencies do not consider marital status when determining your creditworthiness. So, your credit status did not change when you got married, and it will not change when you get divorced. Read More

Categories: Family Law & Divorce


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