It is not Wise to Leave your IRA to your Estate
When an estate is named beneficiary of an IRA, what is the method of distributing it to one individual in the most tax-effective way?
March 25, 2021
Is it Better to Have a Living Will or a Living Trust?
Whether you need a living will vs. living trust as part of your estate plan depends on your overall financial situation and goals. However, it’s helpful to consider the advantages of including one or both in your planning efforts.
March 24, 2021
You have Options when Inheriting a House
Inheriting a residential property like a house marks the end of a life and the beginning of deciding what to do with the property and implementing that plan.
March 23, 2021
Preparing to meet with an Estate Planning Attorney
While most initial meetings with an estate planning attorney will result in some questions you likely have never considered, there are many ways in which you can prepare for a thoughtful and productive estate planning conference that will result in a better understanding of your goals and more efficient use of time with your attorney.
March 22, 2021
Welcome Marc Limsiaco to the Firm
Texas Trust Law is pleased to welcome Marc Limsiaco to the Firm as an associate attorney. Marc joined the Firm in January of this year.
March 19, 2021
Update Your Estate Plan If You Move to a New State
While legally you may not need all-new estate planning documents if you move to a different state, you should have your documents reviewed by a local attorney in your new home.
March 18, 2021
Living Will is an Important part of an Estate Plan
A living will is a legal document that allows you to specify the kind of care you’d like to receive in end-of-life situations. This is different from an advance healthcare directive, though either one can be an important part of an estate plan.
March 17, 2021
Is a SLAT right for your Family?
If you have been thinking about making large gifts to take advantage of the current $11,700,000 lifetime federal estate tax exemption, you have probably been contemplating a spousal lifetime access trust, commonly known as a SLAT.
March 16, 2021
Talk to Your Children about Your Estate Planning
Many baby boomers may hesitate to discuss money with their children, but the reality is that a massive amount of wealth will be transferred in the next couple of decades.
March 15, 2021
Unmarried Couples Should Have an Estate Plan
The couple needs to create an appropriate estate plan. If they truly want inheritance rights, they need to execute testamentary documents, such as wills.
March 12, 2021