When clients ask whether a trust might be right for them, one of the first things we talk about is what actually makes a trust valid under Texas…
When I suggest a Crummey Trust to clients, I often get a smile and a puzzled look. “Why would I want a crummy trust?” they ask. Despite…
Attorney Rania Combs explains how to design a spendthrift trust for beneficiaries if asset protection is your goal.
A spendthrift trust is a powerful estate planning tool that can help safeguard inheritances for beneficiaries who may be prone to poor financial decisions. Whether due to immaturity,…
Retirement accounts often make up a substantial portion of an individual’s estate and warrant thoughtful planning. Naming a trust as the beneficiary of these accounts can offer important…
Amendments to the Texas Property Code appear to create a back door to create a self-settled asset protection trust in Texas.
I get a lot of calls and emails from individuals interested in protecting their assets. Some ask whether it would be beneficial to create an asset protection…
Lawyers use a lot words when talking about trusts, often assuming that everyone knows their meaning. But in speaking to clients and friends, I realized that many…