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As McKinney estate planning attorneys, we stay up-to-date on developments in estate planning law that impact our clients. Recent developments include the increase in the federal estate tax exemption from $5 million to $10 million under the Tax Cuts and Jobs Act of 2017, and the Texas legislature’s improvement of […]
Do you need an estate plan if you are single? What if you are in your 20s or 30s? Is it okay to buy an estate plan online? These are all common questions about estate planning; and, unfortunately, there is a lot of misinformation out there. Here is the truth […]
Being married offers a number of potential benefits when it comes to preparing an estate plan. From tax benefits to health care decision-making and the ease of transferring certain types of assets outside of probate, married couples will find that many aspects of the estate planning process can be fairly straightforward. […]
For many people, a revocable living trust can be an effective tool for addressing a variety of estate planning needs. So, is a revocable living trust right for you? Everyone’s estate planning needs are different; and, while it will often make sense to create a revocable living trust as part […]
Whether you already have an estate plan or you have been putting off putting a plan in place, the start of a new year is always a good time to re-examine your goals and needs. While there have not been any significant legal developments that are likely to have a […]