The Risk of DIY Planning, Wills
A lawyer can advise you on how to accomplish your estate planning goals, and tailor your estate planning documents to carry out those goals.
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The Rule Against Perpetuities is the bane of every first-year law student’s existence. It provides: no interest is good unless it must vest, if at all, no later…
The Complexities of Intestacy in Blended Families
I get panicked calls virtually every week from Texans whose spouses have died without a Will. The stories are usually quite similar. The spouses lived together in…
Financial Powers 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
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
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, Trusts
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
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…
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…
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…