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Category Archives: Wills and Trusts

Pour-Over Wills: Key Components of a Complete Trust Plan

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 […]

Update Your Estate Plan: Times and Reasons to Refresh

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, […]

Digital Signatures and Texas Wills: What You Need to Know

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 […]

Myth Busted: Estate Planning is Not Just for the Rich

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. […]

How to Ensure a Co-Owner of Real Estate Inherits from You

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, […]

Agents Assemble! How to Choose Your Estate Plan Team

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, […]

Easy Steps to Fund Your Revocable Living Trust

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 […]

Hope for the Best; Plan for the Worst: Declare Guardians

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 […]

Celebrities Who Died Without a Will: Avoid Their Mistakes

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 […]

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