When someone receives a gift, the recipient of the gift is not responsible for reporting the value of any gifts as income. Rather, it is the gift-giver,…
Humans are optimistic. We don’t dwell on the fact that death is inevitable, and that bleeds into our personal outlook for the future. It’s why we plan…
A testamentary trust is a dormant trust created in a Will. It lies dormant until the death of the person creating it springs it to life. Unlike…
My family is going on vacation the end of June. It’s a trip we’ve been planning for more than six months, and we’re looking…
Section 251.051 of the Texas Estates Code sets forth the requirements of a valid Will in Texas. It provides that a last will and testament: must…
If you’re discontented with your choices for president this year, you will appreciate Mary Ann Noland’s obituary, which suggests she chose to die rather than vote for…
If you are the parent of a high school senior, you’re probably feeling a whirlwind of emotion right now. Just thinking about the fact that I…
Following the death of someone receiving Medicaid benefits, Medicaid has the power to recoup from his or her estate funds expended by Medicaid for that individual’s benefit.