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…
Attorney Rania Combs explains how to design a spendthrift trust for beneficiaries if asset protection is your goal.
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…
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…
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…
When I tell some of my clients they should consider Crummey Trusts for their beneficiaries, there is typically an awkward pause. “Why would I want to create a…
Texas defines separate property as property owned before marriage or acquired by gift or inheritance. For example, if you purchased a house before you were married, the house…