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September 2013 Archives

Texas probate: Even people under 40 need estate planning

Many people under the age of 40 don't think they need to have an estate plan. Having said that, there are thousands of people under the age of 40 that die in Texas each year -- some from natural causes and some from accidents. Without an estate plan, the state laws regarding probate will govern how that person's estate is administered.

Probate doesn't have to be a dirty word for Texas families

People in Texas are often told to do what they can to avoid having to go through probate. It is often considered a dirty word in the estate planning business. Fortunately, however, for many people, probate can be the best way to handle a loved one's estate.

Texas trusts are an important part of estate planning

It's pretty safe to say that no one enjoys discussing what will happen when they die. On the other hand, people are often willing to discuss how they can best protect and provide for their families. This is the primary function of estate planning and trusts are an integral part of that planning for many people in Texas.

Texas parents with small children may need trusts

The last thing that any Texas parent may want to think about when they have young children is what would happen to those children if both parents died. Unfortunately, it is something that needs to be talked about, no matter how unpleasant the discussion may be for the family. When drafting estate planning documents where minor children are involved, trusts can be a helpful tool.

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