On behalf of The Law Office of Brian Michael Cromeens | Feb 26, 2021 | Probate & Estate Administration
The two most significant errors people make regarding estate planning are failing to have a plan in place, and second, having a plan but failing to update it when major changes happen in their lives. Not having a plan can be a costly and troublesome mistake for your...
On behalf of The Law Office of Brian Michael Cromeens | Feb 3, 2021 | Probate & Estate Administration
If you have received a cancer diagnosis, you may naturally be thinking about the future. A diagnosis of this type is often what prompts people to start their estate planning when they haven’t done so before. The odds are high, of course, that you’re going to be fine....
On behalf of The Law Office of Brian Michael Cromeens | Jan 27, 2021 | Probate & Estate Administration
If you’re like most farmers, it’s incredibly important to you that the family farm that you’ve worked so hard to maintain continue to be passed down in your family. As a parent, it’s probably even more important to you that your kids not fight and feud with each other...
On behalf of The Law Office of Brian Michael Cromeens | Dec 18, 2020 | Probate & Estate Administration
Nearly half of all marriages here in the United States end in divorce. Nevertheless, people often are willing to try and again with a new spouse. For couples with children from previous marriages, this can ideally mean a big happy family with the kids all mixing it up...
On behalf of The Law Office of Brian Michael Cromeens | Nov 4, 2020 | Firm News, Probate & Estate Administration
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...
On behalf of The Law Office of Brian Michael Cromeens | Oct 30, 2020 | Probate & Estate Administration
When most people decide that it’s time to do their estate planning, they think of one thing: It’s time to write a will. That may be part of the process – and, for a rare few, it may really be all they need. But for most, there are plenty of other options to consider....
On behalf of The Law Office of Brian Michael Cromeens | Oct 28, 2020 | Probate & Estate Administration
The first cryptocurrency, Bitcoin, was invented over 10 years ago. Since then, similar digital assets have joined the market – peaking in value in 2017. While the value of cryptocurrency has since depreciated significantly, its popularity continues to grow. However,...
On behalf of The Law Office of Brian Michael Cromeens | Oct 21, 2020 | Probate & Estate Administration
Administering a person’s estate is an honor usually bestowed upon a family member or trusted friend when drafting a will. However, complications can arise before or during the probate process, putting an executor in legal jeopardy, potentially leading to devastating...
On behalf of The Law Office of Brian Michael Cromeens | Jun 3, 2020 | Probate & Estate Administration
A parent or other elderly relative has passed away and appointed you as the executor of their estate here in Texas. It’s an honor that they bestowed their trust in you to oversee their last wishes successfully. However, it can also seem like an overwhelming task when...
On behalf of The Law Office of Brian Michael Cromeens | May 6, 2020 | Probate & Estate Administration
It can be an honor to be designated as the executor of someone’s will, but it can also be a terrifying experience. Executors have an enormous responsibility to carry out a person’s last wishes, and many times the decedent was a close family member or friend. While the...