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...
Estate Planning
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...
Common myths hold many back from making estate plans
If there is one thing to learn from the crises and upheaval of the past few years, it is that nothing is certain. Nevertheless, the sad fact is that only a small percentage of people in Texas have an estate plan. Why is this so? For most people, creating an estate...
Grounds for removing an estate executor from his or her position
When an individual passes away, an executor is designated to oversee the administration of the estate and the distribution of assets. In some cases, the executor cannot or does not fulfill his or her duties appropriately. In these cases, beneficiaries may seek to...
Key questions to ask when updating a will
Although many adults are aware of the importance of having a will, fewer understand how critical it is to regularly review and update these documents. Reviewing one’s estate plan regularly is a very good idea, as financial circumstances, relationships and Texas estate...
Estate planning considerations for entrepreneurs
Founders, entrepreneurs and business owners have unique considerations when it comes to estate planning. Passing away suddenly without such planning in place can have major implications, not only on loved ones but also employees, shareholders and business partners. It...
I can get by with a DIY will, right?
You’ve been thinking about your need for an estate plan of sorts for some time. You know you need a will, at least, but you don’t want to go through the official estate planning process. So, you are thinking about doing it yourself and writing your own will. Is a DIY...
A will is just one aspect of an estate plan
Many Texas residents believe that having a will in place is all they need to protect their estates. While a will can do a fine job at making a person’s wishes known, it doesn’t offer the same protection as a full estate plan. How are the two different? A will is… A...