Blog: Estate Planning, Probate, Business Planning and Real Estate Law

Tyler and Mineola, Texas Estate Planning Attorney

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Category: Estate Planning

Estate planning services refer to the process of managing and distributing one's assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

LLCs in estate plan

How Estate Planning Transfers Business Interest with Limited Liability Companies

Posted on: August 9, 2023 | By: Bradley Campbell
An LLC is a particularly flexible form of business entity that is governed by statute and most often is organized in the estate planning context as a ‘manager managed’ LLC.
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College kids legal documents

Is Your Kid off to College? Don't Forget These Legal Documents

Posted on: August 1, 2023 | By: Bradley Campbell
Many things change from a legal standpoint once kids become independent adults and head off to college. Review the checklist below to prepare your kid for life's next journey.
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kids on deed to house

Should You Put Your Child’s Name on the Deed to Your House?

Posted on: July 12, 2023 | By: Bradley Campbell
If a child you’ve added to your deed goes through a divorce, has tax issues, is sued by someone, or must declare bankruptcy, your house could be on the chopping block!
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taxes on gifts

Do You Pay Taxes on Gifts From Parents?

Posted on: July 6, 2023 | By: Bradley Campbell
In an effort to keep taxpayers from transferring wealth from one generation to the next tax-free, there are specific limits to the amount of gifts one may give to any one person each year.
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business succession plan

What Should I Do Now for a Successful Business Succession?

Posted on: June 21, 2023 | By: Bradley Campbell
If there’s one thing that’s certain, it’s life’s uncertainty. While we all hope for the best, as a business owner, it’s important to be prepared for anything. Having an answer to life’s curveballs can help you stay in business, ensure that your legacy lives on, and that your business partners and family are taken care of.
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Creating a legacy of care

How Grandfathers and Senior Dads Leave a Legacy of Caring for Their Families

Posted on: June 12, 2023 | By: Bradley Campbell
Congratulations, Dad. You’ve raised your children, who now have children of their own. Despite all the obstacles of recent years, the family is thriving. You feel good about how you’ve led your life and are hopeful about the years ahead. The next thing on your agenda: creating a legacy of caring for your family. This […]
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Power of Attorney

What Does “Power of Attorney” Mean?

Posted on: June 1, 2023 | By: Bradley Campbell
A power of attorney is a legal document giving one person—the “agent”—the legal power to make legal, financial, or medical decisions for another person. It is one of According to a recent article from Nerd Wallet, “What is a Power of Attorney (POA)? Types, How, When to Use,” the POA lets someone act on your […]
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in-law inheritance

Will In-Laws Inherit If I Don’t Have a Will?

Posted on: May 5, 2023 | By: Bradley Campbell
When someone passes away, whether unexpectedly or not, it can raise questions about who will inherit what. Specifically, you might be wondering whether in-laws have a right to any of the assets of the deceased person.
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Tyler Trusts and Wills

What Legal Documents are Needed in an Estate Plan?

Posted on: April 20, 2023 | By: Bradley Campbell
If you plan to give away property or assets, you’ll need to create a will, trust document, or other estate planning document, advises KHTS’srecent article entitled “Common Documents An Estate Planning Attorney Can Draft.” Let’s take a look at these: Trusts and Wills. Experienced Tyler Estate Planning Attorney Bradley S. Campbell can draft documents, such […]
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