3 Decidedly Dumb Ways to Leave an Inheritance for Your Children

Estate planning offers many ways to leave your wealth to your children, but it’s just as important to know what not to do. Here are some things that are all-too-common, but textbook examples of what not to do or try.... “Oral Wills” If you feel you have a good rapport with your family or don't … [Read more...]

What is a Qualified Personal Residence Trust?

A Qualified Personal Residence Trust (“QRPT”) permits you to transfer ownership of your residence to your family during your lifetime but still retain the exclusive right to live in the residence, while reducing the size of your estate for estate tax purposes. This type of trust is specifically … [Read more...]

Medical Directives and Living Wills

As you plan your estate, it is important that you include a living will. This document acts as a medical directive and specifies what types of treatment you do and do not wish to have at the end of your life. Your College Station estate planning attorney will help you set up a living will, but the … [Read more...]

Life Insurance as an Estate Planning Tool

Among the many different ways in which a person can plan his estate effectively, life insurance often gets little consideration. However, with the right kind of policy and coverage, a life insurance policy can add considerably to your estate plan. A College Station estate planning lawyer has the … [Read more...]

College Station Estate Planning Lawyer Discusses the A/B Will

The AB will or AB trust is an important tool used by married couples to maximize their exemptions from the imposition of estate tax liability. The AB will and trust is also helpful in avoiding probate, which can increase costs and significantly lengthen the amount of time it takes to disburse and … [Read more...]

College Station Estate Planning Lawyer on Right of Survivorship Accounts

It is common for one person to share financial accounts with one or more others, especially with married couples. In some cases a relative, friend, or adult child shares an account with a person as well. When one account owner dies, however, the matter of ownership of the account can be somewhat … [Read more...]