When Jimmy and Francis (not their real names) came to us to get their estate planning in order, Jimmy was in the early stages of Alzheimer’s Disease. They said nothing would give them more peace of mind than having a trust in place to ensure their stuff is divided...
There are many benefits of establishing a living trust – the top one being protection from court challenges by beneficiaries. Before we discuss others, let us consider the case of David, a resident of Texas, who transferred all of his assets to his son who lived miles...
Every Texas attorney has studied the various estate planning documents, including Wills, Revocable/Irrevocable Trusts, Durable Powers of Attorney, Medical Powers of Attorney, and so on in law school. Recently, we have all seen through the power of the media the...
We visited 5 state parks in West Texas for Spring Break. The most beautiful one was Colorado Bend State Park. The guide said it had primitive camping. We didn’t realize the whole park would be primitive. The entrance to the park was a cattle guard and a sign...
There are many misconceptions regarding special needs planning that can result in costly mistakes in planning for special needs beneficiaries. MISTAKE #1: Counting on siblings to use their money to take care of the special needs child. Parents may be tempted to rely...
