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Revocable living trusts have become so popular in recent years that many people assume they need one instead of a will. Others see them as a costly fad designed to drum up additional legal fees for estate planning attorneys. Neither of those views is correct. Revocable living trusts can be […]
In an age when it is easy to download legal documents and fill in the blanks yourself, it is tempting to think that you don’t need a McKinney estate lawyer. The provisions in many estate planning documents seem standard. Do you really need a lawyer to fill in the forms for […]
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 […]
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 […]