Individuals in Texas may not want to think about what may happen to their assets after they pass away, but creating estate plans can be smart moves for them and their family members. A detailed plan can ensure that a person’s assets end up in the right hands long...
Estate Planning
How to create an estate plan
Research shows that 34% of people in the United States have estate plans. This means most people in Texas and elsewhere will have to rely on the legal system to handle their estates when they pass away. Unfortunately, the courts may distribute their property...
Exploring what the estate planning process might have to offer
The estate planning process may offer a multitude of tools that could help you create a strategy for various scenarios in life. However, there may still be many individuals in Texas who have yet to initiate this process, whether out of fear of addressing the unknown...
Small steps that can move estate planning forward
Estate planning can sometimes feel like doom and gloom; after all, most people do not particularly like discussing issues around death and mortality. Planning what will happen at the end of life and after death can also feel overwhelming for many. As such, it can be...
Estate planning steps to take following divorce
Estate planning is often far from the minds of most people going through a divorce. However, the reality is that adjusting estate plans can be an important step to securing one’s financial future as a newly single individual. Following a change in marital status, it...
Why is it important to have estate planning conversations?
It can be intimidating to talk about the future, especially when it means considering your own mortality and what will happen after you pass away. Many people avoid these difficult considerations, avoiding the estate planning process, as they believe it is unnecessary...
Estate planning with crypto assets
A growing number of people hold crypto assets, such as cryptocurrency and NFTs, as part of their overall portfolio. The security protocols behind these assets are often a selling point for owners, but they can come with a downside. If the owner dies without recording...
Protecting your wishes by avoiding mistakes in estate planning
It may come as no surprise that creating a thorough strategy for your future can prove beneficial in a variety of ways. The estate planning process could help you prepare for a multitude of possibilities and prove you with much needed peace of mind. It can also help...
4 qualities to consider when picking an executor
Naming an executor is among the most important decisions individuals make when preparing estate plans. Executors will do all legal tasks necessary to execute a will. They must be prepared to conduct all this work professionally, respecting the fiduciary duty they have...
Estate planning and cryptocurrency: What owners need to know
Cryptocurrency has skyrocketed in popularity in recent years, raising a number of questions about how to manage these unique assets. One question worthy of consideration by any Texas cryptocurrency owner is how to pass this asset down as part of an estate plan. There...