In today’s digital age, the convenience of electronic transactions and digital signatures has become a staple in various sectors, including business, real estate, and personal affairs. 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 delves into Texas Business […]
Monthly Archives: July 2024
When people think of estate planning, images of mansions, luxury cars, and vast sums of money held in a 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. […]
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 a smart move for estate planning, but it’s only the first step. To ensure your trust serves its purpose, you need to fund it. This means transferring your assets into the trust. While this may sound complicated, it’s actually quite straightforward. Here’s a simple guide to help you through […]
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. However, it’s important to understand the implications and requirements of such a transfer to ensure that it benefits you as intended. The Process of Transferring a Mortgaged Home The Garn-St. Germain Depository Institutions Act The Garn-St. Germain Depository Institutions Act of 1982 […]
In the glitz and glamour of Hollywood, it’s easy to assume that celebrities have their lives perfectly managed. 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 […]
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.
A Brief History of NFA Legislation The regulation of firearms in the United States has evolved significantly over the past century, with key legislation shaping the landscape of gun ownership and control. One of the most influential laws in this regard is the National Firearms Act (NFA) of 1934. The National Firearms Act of 1934 […]
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