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What is a Crummey Trust?

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…

What are the Requirements of a Valid Trust in Texas?

Creating a valid trust in Texas requires meeting specific statutory requirements. These requirements, outlined in Texas Property Code, Title 9, Subtitle B, Chapter 112, ensure the trust…

Understanding Asset Protection Trusts in Texas

Amendments to the Texas Property Code appear to create a back door to create a self-settled asset protection trust in Texas.

What Assets Are Protected From Creditors 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…

Designing a Trust if Asset Protection is Your Goal

Attorney Rania Combs explains how to design a spendthrift trust for beneficiaries if asset protection is your goal.

Say What? Trust Terminology Defined

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…

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…

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…