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If you are considering or have already created a revocable living trust, you may have heard that you should have a certain type of will known as a “pour-over will” to complement the trust. This is good advice, but it is a little confusing if you’re not thoroughly familiar with […]
A will is the best-known component of estate planning. People realize that they need to have a will even if they don’t understand that they have an estate. In movies, we see people writing out a will and leaving it for others to find. We also see ads for do-it-yourself […]
Wills and trusts are both tools estate planning attorneys in Texas use to enable people to determine who will receive their property after they pass away. Each of these tools can also accomplish some additional goals as well. While wills and trusts are often lumped together, they operate very differently, […]
As parents, we want our children to have everything they need. Determining exactly what they need is often the greatest challenge. Whether your children are very young, close to adulthood, or long out of the nest, a trust can often be the best way to ensure that they receive the […]
Many people establish estate plans based on revocable living trusts to avoid probate. The popularity of these plans is based on a healthy fear of the probate process. Probate has a reputation for being long, complicated, and expensive. Is it always necessary in Texas? And is it really that bad? […]