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...
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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...
DIY websites may not provide the estate planning tools you need
Many people in Texas want to save time and money, and it can be tempting to rely on a variety of DIY websites for your estate plan. Few people look forward to considering the distribution of their property after their death. In addition, many people have a wide range...
Points to include in a business partnership agreement
Are you about to negotiate an agreement with your prospective partner? Residents of Texas may want to learn more about what to include in a written partnership agreement when starting a business. Done correctly, a business partnership can be a successful and lucrative...
Does your company need investment capital?
It's not uncommon for new businesses to seek investment capital. However, it's possible that your Texas company may be able to survive without the help of an outside investor. There are many variables that you will need to consider before deciding if your firm needs...
Tips for leaving an inheritance to your children
If you plan to leave your children an inheritance, there are many issues you need to think about before putting it down in writing. Every person is different, including your children, so you must know how to approach the situation strategically. Here are a few estate...
For estate administration purposes, who counts as next of kin?
When people die without a will, the laws of intestacy will generally determine who inherits their estate, and in most cases the recipients are the decedent's next of kin. The phrase is generally understood, but when it comes to the law, specifics count, and a more...
What to expect during probate in Texas
Probate is a necessary process that all families must go through in order to verify the will and legally distribute the assets. A judge needs to confirm that the decedent has died and left a legitimate will behind. When there is no will, the judge will follow Texas's...
Estate planning is important for all ages
Many Texans view estate planning as something they do not need to worry about until they grow older. However, adults of all ages can benefit from estate planning. No matter how old or young you might be, it is a good idea to have a plan in place in the event something...
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