Community Property Basics
As you may know, Texas is a community property state. This means that Texas law differentiates between community property, which…
Will or Trust? Or Both?
In general, estate plans are either will-based or trust-based. Both wills and trusts are powerful estate planning mechanisms (and each…
Demystifying Probate: What You Need to Know
probate (noun): the process of winding up the affairs of a person who has passed away. The concept of probate can…
Do I Really Need an Estate Plan? (Spoiler Alert: Yes)
If you don’t have an estate plan, the state of Texas will ultimately decide who receives your property after your…
Thanks, But No Thanks: Reasons to Disclaim Inheritances
The “laughing heir” (one who inherits property and laughs all the way to the bank because his relation to the…
Lame Excuses for Not Devising a Comprehensive Estate Plan
Most people don’t spend much time thinking about planning their estate. It’s complex, daunting, and quite boring. (Editors’ Note: We…
Do I need an estate plan even if I’m not wealthy?
A common misconception is that estate planning is only for wealthy people. In reality, there are a multitude of reasons…