If you’ve created an estate plan that specifies how much your family will receive after your passing, you may already have the peace of mind that you are looking after your loved ones. However, despite your best planning efforts, your family may still not receive...
High Caliber Legal Service
When can you file a claim over ‘breach of fiduciary duty?’
A fiduciary is an entity or individual that puts a client’s best interests ahead of their own. Fiduciaries often manage money or assets for people or groups and are legally bound to act in good faith while preserving trust. Fiduciaries operate under a 19th-century...
Texas durable powers of attorney give agents select powers
You may not know that estate planning can offer you more than just a way to create a solid will. Although a will is a critical element of an estate plan, there are other tools you can add to strengthen your plan. A durable power of attorney (POA), for example, can...
4 ways to avoid probate for the family home
When a property owner dies in Texas, their real estate holdings are often the only assets required to go through court-ordered probate, which can be a slow and costly process. However, by doing a little homework and working with an experienced probate and estate...
5 reasons to update your estate plan in Texas
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...
Estate planning after a cancer diagnosis
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....
How to keep your kids from fighting over the family farm after you’re gone
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...
Estate planning for blended families offers unique challenges
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...
How can I reduce my estate’s tax obligations?
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...
How does a trust give you more control than a will?
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....
