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Does Every Estate Have To Pay An Estate Tax?

Most clients I work with voice concern about the amount of federal estate taxes that their families will have to pay after their death. They have heard…

Can Minor Orphans in Texas Select Their Own Guardians?

IIn Texas, minor orphans who have reached the “age of discretion”—typically 12 years old or older—have the legal ability to appoint their own guardian. This law provides…

Will or Revocable Living Trust – Which is Best for Me?

One of the first estate planning decisions you will need to make is whether you want to create a Will or Revocable Living Trust to achieve estate planning…

Can My Husband Give His Children Our Homestead If He Owned It Before We Married?

I received a note from a concerned wife. Her husband had purchased the home in which they resided two years before they were married. Throughout their marriage,…

What Happens to Social Media Accounts after a User’s Death?

I know someone who uses Facebook as somewhat of a digital diary. She regularly shares photos and stories that document her daily life, major life events, and milestones. Her feed…

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…

What is a Lady Bird Deed?

A “Lady Bird Deed” is another name for an enhanced life estate deed, which allows a property owner to transfer property at death without the necessity of…

Who Will Take Care of My Pets After I Die?

My dog’s name is Jilly. My family adopted her several months after Elway died. We weren’t really looking to adopt another pet so quickly, but we…