Financial Powers of Attorney

To Spring or Not to Spring a Durable Power of Attorney

Every adult residing in Texas should have a Texas durable power of attorney. Below are answers to some commonly asked questions regarding durable powers of attorney: What…

FAQs About Estate Planning

Should I Name my Minor Children as Beneficiaries of my Insurance Policy?

If you’re like most parents, your beneficiary designation on your life insurance probably lists your minor children as the secondary beneficiaries of your life insurance policy, behind your…

Estate Planning, Planning for Special Circumstances

Consent for Treatment of Minors by Non-Parent

My youngest son is 16 years old now. Last summer, as Covid forced lockdowns, he and half a dozen of his friends planned a beach trip to celebrate…

FAQs About Trusts

What is a Spendthrift Trust?

As parents, we all do our best to instill our good values in our children. But sometimes, despite all our guidance, our children make poor personal and…

FAQs About Trusts, Trusts

Should I Put My Guns to My Revocable Trust?

If you own guns, you may be wondering whether you should transfer them to your Revocable Trust. There are a couple of reasons why that is generally a…

FAQs About Wills

Can A Parent Disinherit An Adopted Child?

A woman’s adoptive father was dying. She was worried, but not about what you’d expect. You see, her father inherited a piece of family land from her…

FAQs About Wills

Definitions of Common Terms in Wills

Lawyers use a lot of words when talking about wills, assuming that everyone knows their meaning. But I realized early on that many people outside the…

Uncategorized

Potential Capital Gains Tax Changes Ahead for Inherited Property

Capital gains tax is a type of tax you have to pay when you sell an appreciated asset. You calculate it by subtracting your purchase price (known as…

Planning for Special Circumstances

Tips for Preventing Elder Fraud

A neighbor was at home with her young children when someone claiming to be an IRS agent called her. He told her that she owed back…

FAQs About Wills, Wills

Is A Fill-In-The-Blank Will Valid in Texas?

John was just about to go on vacation. He wanted to have a Will in place in case a tragic accident occurred. So, he did what many…