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Whether you have concerns about your loved one with special needs and their financial future or you are struggling with a disability and want to protect your financial future, it is important to review various issues related to special needs trusts. This option can...
Once your estate goes into probate, the court will validate your will. It does this by checking all the legal requirements to ensure the document adheres. Knowing what these requirements are is essential if you wish to avoid problems after your death and ensure the...
When it comes to marital property, a couple has many issues to consider. In Texas, a community property jurisdiction, property acquired during the marriage belongs to both parties. This arrangement could have significant implications when a couple maps out its estate...
The federal government may levy an estate tax on heirs based on the value of an estate at the time of the property owner's death. As reported by Kiplinger Personal Finance magazine, if a one-person estate holder dies in 2021, his or her heirs may expect a tax...
Most Texas businesses with brick and mortar locations and required to collect and submit state and local sales taxes on the sale of goods and services to Texas residents. However, Texas law has not always held online businesses to the same standards. The 2018 South...
When you delegate responsibilities to your executor, you hope that he or she will acknowledge your wishes and live up to your expectations. Providing clear and concise instructions can facilitate the successful closure of your estate. Outlining specific...
Either you or your older parents want to prepare your estate. While reading up on estate planning, you learn how long the probate process may take. How can you save your loved ones time? AARP offers tips for sidestepping probate. While some assets go through probate...
After creating an estate plan, you must then keep on top of it and ensure that it accurately reflects your life at any given point. This is where reviews come into play. Experts suggest you review your estate plan once every 3 years. This can feel overwhelming. But...
Your financial well-being as the beneficiary of a trust relies on the ethical management of the investments and other assets in the trust. Your trustee has a fiduciary relationship with you, meaning that you put confidence in him or her to act in your best interests...
When it comes to your estate, you must think about everything that will happen once you die. This includes what your heirs may have to do to receive their inheritance. You probably created your estate plan to ensure things go smoothly, but did you consider the impact...
