If you are responsible for administering a trust, the person who created the trust demonstrated considerable esteem in choosing you for the position. That’s the good news. The not-so-good news is that you now have some serious responsibilities and can potentially face legal liability if you do not perform your […]
Author: April Nordhaus
When a loved one becomes unable to care for their own health or finances, someone else must step in to assist. If the right preparatory documents are in place, the process can be fairly simple. If not, however, then you may need to petition the court for guardianship to gain […]
When you are named to serve as an executor or personal representative of someone’s estate in Texas, you may feel a bit intimidated or even worried. That concern is not a bad thing. The role of personal representative involves some very important duties and you need to take your job […]
A McKinney will attorney frequently incorporates trust provisions in wills or recommends different types of trusts to be used in combination with a will as part of an estate plan designed to avoid probate or save on taxes. These trusts may be revocable or irrevocable. What’s the difference? And how […]
Years ago, most people assumed they needed to use a will to ensure that their property would be allocated properly after they passed away. Then suddenly many estate planning lawyers started insisting that living trusts were a better option. As a result, clients now ask a McKinney will attorney if they […]