Not too long ago, “estate planning” just meant having your McKinney estate planning attorney draw up a will. The will could include features such as testamentary trust to protect minor children, and that was all many clients felt they needed. Now, however, estate planning lawyers frequently recommend a variety of documents […]
Category: Estate Planning
Is your estate plan ready for the digital age? That doesn’t mean just being able to access estate planning documents digitally. It means you need to have a plan to deal with assets that are only accessible digitally or that only exist in the digital realm. If you become incapacitated or die without a […]
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 […]
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 […]
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 […]