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How To Talk To Your Parents About Estate Planning
Estate planning is an important part of life. When you plan your estate, you know exactly how your assets will be distributed when you pass. As an adult child, it can be difficult to talk to aging parents about planning for the end of life, but it's just as vital to...
What is the Difference Between Revocable and Irrevocable Trusts?
Trusts and wills are often used in estate planning to plan out the dividing of assets following a death. Individuals can use revocable trusts and irrevocable trusts when planning an estate, but what is their purpose and when should you use a revocable vs an...
Estate Planning for Blended Families
Relationships can be complex in any situation, and bringing together two families with children is rarely easy. When a family becomes blended, it means dealing with your own family relations while introducing new parenting dynamics, and a whole new group of siblings....
What Happens if You Die Without a Will in Texas?
As of 2021, only 46% of Americans have a will. If you want to ensure your family is taken care of when you're gone, it's crucial to have a legal will and estate plan in place. A legal will is an official document that names the executor of your estate and inheritance...
How Much is Inheritance Tax in Texas? Complete Guide
If you are estate planning or thinking about starting to plan for your estate, you might be wondering how much inheritance tax is in Texas. Inheritance tax is imposed on the heirs of an estate when they inherit property. Luckily, Texas residents don’t need to worry...
What Are The Different Types of Trusts?
There are many reasons to establish a trust. People choose different types of trusts to plan ahead for the end of their life and also to help their heirs avoid probate. Avoiding probate court to access assets after your death is a key benefit of a trust. However, many...
5 Smart Ways to Plan For Estate and Inheritance Taxes
1. Learn the basics. You’ve already taken the first step in learning the difference between estate tax and inheritance tax - doing the research to see just how they might impact you and the loved ones you leave behind. Here is the difference between the two. Estate...
9 Tips For Your Estate Planning Checklist
An estate planning checklist is a great starting point when you’re trying to put together a well-thought-through and comprehensive estate plan to protect your heirs in case of death or disability. Remember: the main estate planning goal is to protect both you and your...
Do I Need A Will in Texas?
Do I Need A Will in Texas? Who Needs A Will (And When) Will planning is not high on anyone’s list of favorite things to do: few of us enjoy thinking about our deaths and much less planning for them. But this is one of the single most important things we can do for our...
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