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22 07, 2020

5 Simple Steps to Help Kickstart Your Estate Plan

By |2020-07-22T11:23:28-05:00July 22nd, 2020|Attorney, Blog, Estate Planning|

"I haven’t had time to get around to it" "I don’t have enough assets to leave anyone" "Estate Planning is too expensive" "I don’t know how to get a will or living trust" Have you ever caught yourself saying any of these things when trying to reason with the fact that you still haven't [...]

22 07, 2020

Dying Without a Will in Texas

By |2020-07-22T11:22:34-05:00July 22nd, 2020|Attorney, Blog, Estate Planning|

"Who Will Inherit My Assets if I Die Without a Will?" This is a question I often get from clients. In the state of Texas, if you are survived by your family and do not have an estate plan, the state divides your assets based off of something called Intestate Distribution. Intestate Distribution is [...]

23 02, 2020

Estate Planning Basics

By |2020-06-17T10:31:14-05:00February 23rd, 2020|Blog, Estate Planning|

What is an Estate Plan? An Estate Plan is a reflection of how you live, raise your children, and conduct your emotional relationships. Why do I need an Estate Plan? Having an Estate Plan cuts down on the burden to your family. There will be minimal fighting about your property because you will have already [...]

22 12, 2017

Texas Legislative Updates to Durable Powers of Attorney

By |2017-12-22T15:36:07-06:00December 22nd, 2017|Blog, Estate Planning|

There is not a designated time to initiate planning for the disposition of your assets when you are no longer available to utilize or enjoy the fruits of your labor. However, it is important to set time aside to take the first steps to put your affairs in order.  Too often I have spoken with [...]

16 11, 2017

Estate Planning with a Reverse Mortgage

By |2017-11-16T10:42:41-06:00November 16th, 2017|Blog, Estate Planning|

Estate Planning with a Reverse Mortgage A reverse mortgage is an agreement where a homeowner converts the equity in their home into regular cash payments. In order to qualify, the homeowner must be sixty-two years of age or older, occupy the home as a primary residence, and the home must contain plenty of equity. After [...]

12 10, 2016

Will-full Freedoms of Proper Planning

By |2016-10-12T17:38:28-05:00October 12th, 2016|Blog, Estate Planning|

From afar, the will planning process may seem boring and uncomfortable to discuss. Taking the time to create a will can have a tremendous impact on the welfare of your family. Being ill-prepared when it comes to your will can leave your assets in the hands of the wrong people.  Estate planning tools can help [...]

2 02, 2015

Irrevocable Life Insurance Trust

By |2016-05-25T20:32:47-05:00February 2nd, 2015|Blog, Estate Planning|

The Irrevocable Life Insurance Trust (“ILIT”) is a type of trust that owns the life insurance policy of the grantor. While life insurance is income tax free, it is still subject to an estate tax, which is why an ILIT is so valuable. It is designed to help avoid estate taxation on life insurance returns. [...]

31 01, 2015

Living Trusts

By |2016-05-25T20:48:33-05:00January 31st, 2015|Blog, Estate Planning|

A living trust (“Trust”) is a type of private asset management tool that is created and becomes effective during the grantor’s lifetime. In this type of Trust, the ownership of your property and assets is transferred to the Trust, though you maintain control over the transferred property and assets. In this Trust, the Grantor(s) name [...]

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