Digital assets encompass everything from emails and photos to online portfolios. Integrating these assets into your estate plan ensures that they are managed per your wishes and that your loved ones can access them after you pass.
An estate plan is never too early for a woman to protect herself against financial risks. Women can and should think beyond estate planning for retirement to meet financial challenges such as being a single mom, possible remarriage, or widowhood.
The current landscape of gift tax and generation-skipping transfer (GST) tax exclusions in 2024 offers a window of opportunity for strategic estate planning. Proactive planning, tailored to both federal and state-specific laws, is key to maximizing wealth transfer under these favorable conditions.
Ideally, your loved one has an estate plan that avoids probate. But if you are an executor settling an estate, there are steps to follow. The probate process can be daunting after a loved one passes away. We'll outline Texas probate and why working with an estate attorney is a good idea to save stress, time, and costs.
Will an asset protection trust protect your assets from creditors, lawsuits, or other financial risks? If you're considering an asset protection trust or want to learn more about how it can fit into your estate plan, this article will guide you to the next step.
Many Texas businesses will have new reporting requirements as of January 1, 2024 related to the federal Corporate Transparency Act (CTA). Learn about what the reporting entails and how to ensure your business remains compliant with the law.
Designating a beneficiary ensures that your assets are distributed according to your wishes. It provides clarity and can prevent legal disputes among family members or other potential heirs.
Learn about how the interplay of different relationships and financial histories in Texas blended families requires a unique approach to estate planning.
Succession planning is essential for family businesses to ensure business continuity and to prepare the next generation for leadership roles. It involves identifying potential successors and equipping them with the necessary skills and knowledge.
