Choosing an executor is an important decision. This person will manage your assets, pay your debts, and make sure your beneficiaries get what you want them to have. Here’s how to choose the right person for the job. 1. Trust your Executor Pick someone you trust completely. They will have access to your personal and […]
Monthly Archives: August 2024
When establishing a trust, one of the most critical decisions you’ll make is selecting the right person or entity to manage it (the Trustee). This individual or organization oversees the trust’s assets, making distributions to beneficiaries, and ensuring everything operates according to your wishes. It is essential to pick the right person for this role […]
When a spouse dies, it can be an incredibly overwhelming and emotional time. Knowing what steps to take immediately after the death can help ease some of the burden during this difficult period. Here’s a comprehensive checklist to guide you through the necessary tasks from the moment of death. 1. Immediate Steps After Your Spouse […]
Understanding the Differences Between a Living Trust and a Testamentary Trust When planning your estate, choosing the right trust is crucial. Trusts come in many forms, but two of the most common are a living trust and a testamentary trust. While both serve the purpose of managing and distributing your assets, they have distinct differences, […]
When planning your estate, it’s crucial to understand the tools at your disposal. Among the most powerful are trusts, specifically a revocable trust or an irrevocable trust. Each serves distinct purposes and has unique advantages. Understanding these differences can help you make informed decisions about your estate planning. What is a Revocable Trust? Revocable trusts, […]
When it comes to planning for your future and protecting your loved ones, the term “cheap online will” often catches the eye. However, while affordability is crucial, it’s essential to understand that not all “cheap” options are created equal. At Texan Wills and Trusts, we pride ourselves on offering affordable, high-quality estate planning documents specifically […]
As more Texans turn to online estate planning services, a common question arises: Is an online trust valid in Texas? The short answer is yes; an online trust can be valid in Texas if it meets the state’s legal requirements. However, it’s crucial to understand the specific provisions and nuances that apply to trusts in […]
With the rise of digital platforms, creating a Last Will and Testament has become more accessible than ever. Many Texans wonder whether an online will serves as a valid and reliable way to plan their estate. The short answer is yes; you can create a valid online will in Texas. However, it is crucial to […]
When planning your estate, you may come across the term “revocable living trust” and wonder if it could replace a will. While a revocable living trust provides a powerful tool for managing your assets and avoiding probate, it doesn’t entirely eliminate the need for a will. This article explores why pour-over wills are part of […]
Remember that old t-shirt from 40 years ago? The one that’s faded, stretched, and, let’s face it, probably doesn’t fit like it used to—if it fits at all. Just like your wardrobe, your estate plan needs a little updating now and then to stay relevant and effective. An estate plan, much like that vintage tee, […]
- 1
- 2