Category Archives: Wills and Trusts

Avoid Mistakes with Beneficiary Forms

Many Texans mistakenly believe that filling out beneficiary forms is enough to handle what happens to their property after they pass away. While these forms are important, they are not a replacement for a comprehensive estate plan. Relying only on beneficiary designations can create major problems for your loved ones—problems that could have been avoided […]

What’s the Difference Between a Will and a Living Trust?

Estate planning is essential for ensuring your assets are distributed according to your wishes. Two common options are a last will and testament and a living trust, but they function differently and serve distinct purposes. Understanding their differences can help you make the right choice for your situation. What Is a Last Will and Testament? […]

Asset Protection Made Simple for Texas Families

When facing legal or financial challenges, asset protection becomes a top priority. Texas is known for its debtor-friendly laws, providing robust protections for certain types of property. Beyond these legal safeguards, tools like the Texas Family Trust Plan offered by Texan Wills and Trusts can ensure your assets are not only protected but also responsibly […]

Estate Tax Planning: What You Need to Know for 2025

The estate tax is a key consideration for families planning their financial future. In 2017, the Tax Cuts and Jobs Act (TCJA), sometimes referred to as the Trump Tax Cuts, significantly increased the federal estate tax exemption, making complex tax planning unnecessary for many Americans. However, these provisions are set to expire at the end […]