Many people believe that trust planning is only necessary for those with large estates, but this is far from the truth. Trusts are valuable regardless of the amount of wealth you have. While estate size can matter, especially when it comes to estate tax planning, most trusts are set up for reasons that have nothing […]
Monthly Archives: September 2024
You might wonder, “If the law already dictates that my loved ones will inherit my property under intestate succession, why bother with a will or trust?” While intestate succession laws in Texas do ensure that certain family members inherit, relying on those laws alone can lead to delays, higher costs, and unintended complications. Creating a […]
A Last Will and Testament is a document outlining how to manage and distribute your assets after death. The Testator creates the Will, and the Executor ensures its execution by filing a probate application. Once validated by a Judge, the Executor distributes the assets to the Beneficiaries as specified. A Trust serves a similar purpose, but does not require court validation through the probate process.