Most people understand the importance of having a comprehensive estate plan. However, there are thousands of people in the United States who die each year without a will. Dying without a will is dying "intestate." When this happens, it may end up with the estate in...
Month: March 2020
Is a limited partnership a valid estate planning tool?
Forming a limited partnership in Texas may be one way to limit losses in your business while retaining financial benefits. Texas trust law explains that some people use limited partnerships as an estate-planning device to ensure the safety of their invested capital. ...
Is it time to change your estate plan?
As a Texas resident, you have spent valuable time and effort writing your estate plan. At the time you wrote it, you ensured it covered every necessity. You know that it met your needs. But what about now? Needs change along with your life on a whole. You should know...
When sibling rivalries cause disputes over a will
Will contests come up for different reasons, whether a family member believes that their loved one was under the undue influence of another or the executor is accused of failing to distribute assets appropriately. However, some wills are disputed because of sibling...