Whether wealthy or not, there are steps that everyone can take to reduce estate tax obligations. Proper estate planning can greatly reduce and potentially remove tax obligations. There are three examples that most taxpayers can use on their estates. 1. Gift wisely...
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Estate planning is a crucial step for Texas ranchers.
You put hard work into your ranch, and the financial and practical decisions you make are key to making your business a success. However, it is just as important that ranchers plan for a day when their ranch will operate without them. With careful estate planning, you...
Why would you update your estate plan?
Once you legally document your wishes, you may believe you are prepared for the unexpected. To a certain extent, that is true. However, your assets and desires may change over time. Making necessary updates to your estate plan can make life easier for your loved ones,...
4 signs an estate executor is breaching their fiduciary duty
After the loss of a loved one, emotions and tensions tend to run high. During the probate process, the proverbial manure can really hit the fan if expectations for a beneficiary’s inheritance aren’t met or other complications arise. One of those complications might be...
Top 3 reasons for partnership disputes
No one wants to enter into a dispute. In fact, humans tend to avoid conflict whenever possible. But in business, disagreements, misunderstandings and disputes become more common when a company is growing or under stress. There are many reasons that business partners...
When to contest a will
A last will and testament or "will" is an important legal document because it tells the family, loved ones, friends and governing bodies what the person wanted to happen after their death. While most of the time a will accurately reflects what the testator- or maker...
Welcome To Our Blog
We established this blog to share stories and information about topics relevant to our practice. Our intent is to regularly provide posts highlighting legal issues of local, state and national interest that we think you will find interesting. Check back later for...
