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What Should You Not Put In A Living Trust?

What Should You Not Put In A Living Trust?

A living trust is an important instrument for estate planning. In fact, anyone who wants to avoid the probate process and maintain privacy should consider a living trust. Why? Because the probate process can take a long time and can cost a lot. This is money you will...

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How To Find a Lost Trust Document

How To Find a Lost Trust Document

If you have lost your trust documents, it can be a very stressful situation. However, there are steps you can take to recover them.  First, a quick reminder: It is vitally important to keep your original trust documents in a safe place, such as a safety deposit box or...

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5 Key Reasons to Update Your Estate Plan

5 Key Reasons to Update Your Estate Plan

5 Reasons It’s Time to Update An Estate Plan Whenever life changes, it's also time to update your estate plan.  A life-changing event can happen in a matter of seconds. Having a will or a trust does not guarantee that everything will go as planned, or that life events...

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How To Talk To Your Parents About Estate Planning

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...

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Estate Planning for Blended Families

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....

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What Happens if You Die Without a Will in Texas?

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...

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How Much is Inheritance Tax in Texas? Complete Guide

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...

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Thomas Walters Top Estate Planner