Electronic signatures are common in business, real estate, and personal transactions. However, when it comes to estate planning documents in Texas, particularly Wills, Codicils, and Trusts, the rules governing digital signatures are notably stringent. This article explains Texas Business and Commerce Code §322.003(b)(1) and explains why digital signatures are not permitted for these crucial documents. […]
Monthly Archives: July 2024
When people think of estate planning, images of mansions, luxury cars, and vast sums of money held in a “trust fund” often come to mind. This misconception leads many to believe that estate planning is only necessary for the wealthy. However, estate planning is crucial for everyone, regardless of the size of their estate. Watch […]
Many people believe that if they co-own real estate with another person, such as a spouse or family member, the surviving co-owner automatically inherits the property upon their death. This is not true in the vast majority of circumstances. This common misconception stems from the idea that co-ownership inherently includes a right of survivorship. However, […]
Estate planning ensures that your wishes are honored and your loved ones are cared for when you’re no longer able to manage your affairs. A significant part of this process involves appointing individuals to serve in various key roles, such as financial power of attorney agents, medical power of attorney agents, executor of the will, […]
Creating a revocable living trust is the first step. To ensure your trust serves its purpose, you need to fund it. This means transferring your assets into the trust. The steps below explain how to get started. Watch Austin Explain: Funding a Trust: Easier Than You Think Watch Austin B. Butts, JD, discuss this topic. […]
Every parent wants the best for their child. Ensuring their safety and well-being in unforeseen circumstances forms a crucial part of that responsibility. Signing a declaration of guardians for your minor children serves as an essential step in this process. This document acts not just as a formality but as a critical safeguard, ensuring someone […]
Yes, you can transfer a mortgaged home to a Texas revocable living trust. Before transferring your home, understand what the transfer requires and how it affects you. Watch Austin Explain: Can a mortgaged Texas home go into a living trust? Watch Austin B. Butts, JD, discuss this topic. The Process of Transferring a Mortgaged Home […]
Even celebrities can leave estate planning unfinished. However, many stars who passed away left their estates in disarray because they failed to create a will or trust, causing turmoil and financial hardship for their families. At Texan Wills and Trusts, we understand that estate planning can seem daunting. Yet, the consequences of not having a […]
Watch Austin Explain: Estate Planning Made Simple for Texans Watch Austin B. Butts, JD, discuss this topic. Here are our top 10 will and trust myths: Don’t let myths stop you from getting a comprehensive estate plan in place. Take action now to avoid future headaches. Disclaimer: The information provided in this article may include […]
October 9, 2026 Update: ATF Policy Changed; Texan Has Discontinued Gun Trusts Texan Wills and Trusts no longer offers gun trusts. The federal requirements that drove many gun-trust purchases have changed substantially. In its October 9, 2026 open letter to federal firearms licensees and the public (pp. 1–3), ATF announced that, effective October 9, 2026, […]
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