One factor that often motivates people to choose revocable trust-based plans as opposed to will-based plans is the privacy trusts afford. Assets within a trust pass to…
The Texas Estates Code specifically defines who is an incapacitated person. According to the Code, an incapacitated person is: A minor; An adult individual who, because of a…
I read an article by Don McNay recently, which highlights the complexities, expense and unwanted results that can arise in cases of intestacy. McNay is a financial…
I recently received a heart-wrenching note from a parent, whose 22 year-old son had been involved in an accident. He was knocked unconscious with multiple dislocations and…
A question I hear often is whether a person who signs as a witness can also receive a gift under the will. In Texas, the short answer is…
Forbes Associate Editor, Ashlea Ebeling, wrote a great article last week about estate planning strategies that can discourage a protracted legal battle after your death. The…
My kids and I play a Volkswagen Beetle game. It’s not Punch Buggy, but rather a unique game that my family created. New Beetles (I hear the…
Occasionally, people own property in Texas but reside in another state or country at the time of their death. As a result, they make wills that comply…