We associate trusts with wealth, and we know people take money out of trusts. That leads many people to think that a trust is like a type of super bank account. But is that accurate? Below, our McKinney trust attorney explains how a trust works. While trusts share some similarities […]
Category: Wills & Trusts
When a loved one promises to take care of you in their will and the contents of the will leave you disappointed, you may wonder if there’s anything you can do about it. You can’t “sue” a will, of course, but you can challenge it in court. The process is […]
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 […]