A Transfer on Death deed (also called TOD or TODD) is becoming a popular estate planning option for many Texans. There’s little wonder why: it avoids the probate process, which can be lengthy, is relatively simple, and immediately transfers property to named...
Essential Legal Guidance for Secure Decision-Making Life is unpredictable, and sometimes it can take away our ability to make financial decisions for ourselves. This is never pleasant to think about, however, it’s a reality that every responsible person must consider....
We often get asked whether a last will and testament is “good enough,” or whether a comprehensive estate plan might better serve the client and their needs. The short answer: it depends on your circumstances. The longer answer: it’s important to do your...
Trusts can be an intelligent way to manage your estate planning needs. But how much does a trust cost to maintain? Typical trust fund maintenance costs include: Administration fees Management fees Maintenance fees Keep in mind that some estate planning professionals...
Deciding between a trust vs will requires the consideration of several personal factors. Depending on your circumstances, however, a trust offers distinct advantages. Who needs a trust instead of a will? And what are the benefits compared with a last will and...
So, you’re considering hiring an estate planning attorney (smart choice), but are confused by some of the terms being thrown around like “heir” and “beneficiary.” You’re not alone. Understanding how an heir or beneficiary might operate...
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