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The more complicated your life gets, the more complex estate planning can be if you want to ensure your family is fully protected. A second marriage is one of those complicating factors, particularly when one or both spouses have children from prior relationships. Estate planning is not usually high on […]
Category: Estate Planning
To create the right estate plan to protect your property in the future, it is important to understand what you have and where it is. You also should have an understanding of what your assets are worth. A schedule of assets can provide all this critical information in one organized […]
What Happens to My Living Trust When I Am No Longer Living?
September 22, 2023 April Nordhaus Estate Planning Probate and Estate/Trust Administration Wills & Trusts
Many people in Texas work with an estate planning attorney to set up a revocable living trust to avoid probate. Others set up living trusts to provide care for loved ones with special needs or for other purposes. These trusts differ from testamentary trusts which only take effect after the […]
Why You Need a Successor Trustee
September 15, 2023 April Nordhaus Estate Planning Probate and Estate/Trust Administration Wills & Trusts
If you’re planning to set up a revocable living trust to avoid probate or another type of trust to meet estate planning goals, you’re making a wise move. But one step to consider carefully is your choice of successor trustee. In this post, we’ll examine what a successor trustee does, […]
If you will be handling the estate of a loved one or you are assisting someone with the job, you may have a general idea of what you need to do, but it can be hard to understand the specifics. It is essential to comply with local legal requirements which […]