Explore the essentials of prenuptial agreements in Texas with our comprehensive guide. Understand how prenups work in a community property state, their impact on assets, debts, and more. Prenups are ideal for couples planning to marry or seeking financial clarity and protection.
If you want to exclude someone from the will, is it best to leave them a dollar so they can’t challenge being excluded? Can you put in a provision that if they challenge the will, they lose everything?
You need money in a checking account, so you can pay your bills on an ongoing basis. You also need money in a savings account for emergency expenses, such as when your roof springs a leak or your car gives you trouble. Yet, what happens if you die and money is left in your bank account? Ensure you have a clear plan in place for your money.
A trustee is a person or entity who’s appointed to manage assets held in trust on behalf of a third party. There are few formal restrictions on who can serve as a trustee.
A pet trust provides a legal entity to hold funds and designate a caregiver to support the care of your pet if you should become incapacitated or pass away.
Being named as an executor in a loved one’s Last Will and Testament is a big responsibility. It is important to understand what you are agreeing to before you step into the role as executor.
