As you’re doing your estate planning, you have no idea how much money will be left in your individual retirement account (IRA) when you pass away. However, you’re considering leaving it to your grandchildren. Is that a good idea or are there a lot of potential...
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Tackling 3 of the most common estate planning questions
Frequently, people may opt to put off estate planning because they find the process morbid or daunting. However, the reality is that estate planning could bring numerous benefits to both you and your loved ones. Tackling unanswered questions can help to bring peace of...
3 tips for legal compliance within your business
Complying with the law is very important for your business. It could save you a lot, and in some instances, the survival of your business pegs on your compliance with the law. It may seem a no-brainer to meet your legal obligations, but some companies fail to do so...
How do you choose the right person to manage your estate?
It isn't easy to think about what happens after you die. It can be uncomfortable to imagine the grief of your loved ones or unpleasant to think about the assets you have spent your life acquiring going up for sale as part of your estate. However, in-depth...
Why your estate may have to go through probate in Texas
You may have tried to ensure that your property and money go to family members or friends. Before you pass away, you and your loved ones need to know that your estate may still go through probate. In another instance, you may have decided to write your will by...
What are the advantages of a limited liability company?
When setting up a business for the first time, one of your crucial decision will be what form to register under. It is easy to dismiss limited liability companies (LLC) as overkill for your needs. Yet, there is a reason that so many experienced entrepreneurs use LLCs....
How grandparents can plan their estates
There are many ways that grandparents can transfer some of their wealth to the grandkids, but it is important to plan out what approach to take and which resources to use. Grandparents in Texas can take advantage of plenty of tools to help lower their tax burden as...
Estate planning for ranchers and farmers
Estate planning as a Texas farm or ranch owner is best when done as an ongoing practice. The complexity of land ownership is one that brings confusion when successors, inheritors or beneficiaries aren’t named. Leaving the hard work you invested left to chance as you...
How do you manage your digital assets while estate planning?
Many Texas residents forget about digital assets when it comes to their estate plans. It’s not that these assets are any less valuable than property or more traditional forms of financial assets, but rather the idea of anyone accessing online information after you’re...
Is an irrevocable life insurance trust a good estate plan?
When you're establishing an estate plan in Texas, it can be tempting to set up a last will and testament and be done with it. However, there are other options available to you. Once you have your will written out, there are other things to consider, such as the...
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