Reduce conflict when succession planning

For many business owners, succession planning is far more stressful than the rest of their retirement and estate planning process. In their eyes, far more important than what happens to the house or car or 401(k) is what happens to the business they have put their...

How do you choose the right executor?

When Texas residents like you create an estate plan, you need to select an executor. The executor is a crucial component. They will meet your requirements and wishes after you pass on. They manage your estate and ensure that everything goes in accordance to your will....

Am I responsible for debt after my death?

While it may seem like you should have all debts wiped clear after you die, that is not actually what happens. You cannot get out of some debts that easily. NerdWallet explains that the government and creditors may go to your estate for money you owe to them after...

What are the duties of an executor?

Estate planning is about preparing for what happens after you die. Because you will not be here to make your wishes known, you will create legal documents that state your wishes. However, even with those documents, there needs to be someone who can oversee and manage...