The short answer to the question is no. Before 1995, Texas collected a separate inheritance tax, called a “pick-up tax.” The tax did not increase the…
A few years ago, I read an article that reminded me of the extraordinary lengths parents will go to protect and provide for their children. It…
Whether a Settlor, the person who creates a trust, can revoke or modify it depends on if the trust is irrevocable or revocable. According to Section 112.051…
NB: Rocket Lawyer Press invited me to contribute another guest post on an estate planning issue. Below is an excerpt of the article I wrote, as well…
If you are a parent of an adopted child in Texas and you die without a will, your adopted child will be entitled to the same inheritance…
Before this year, bypass trusts were necessary to preserve a deceased spouse’s federal estate tax exemption. This is no longer the case. Under the new estate…
NB: This article was published on January 10, 2011 and contains information that may be outdated. For current information regarding the estate tax, read: Estate Tax Certainty…For Now.
Whether it’s doing the laundry, cleaning out the garage, or getting that long overdue check-up, all of us face tasks each week that we dread. We…