When a person passes away, the distribution of their estate assets occurs through the probate process by default. Unfortunately, the court-supervised nature of probate can add time and financial cost to distributing inheritances to a decedent’s heirs or beneficiaries. Fortunately, various legal options can help mitigate or eliminate the need for probate to distribute inheritances…
When you create an estate plan, you may have various legal strategies you can use to carry out your financial and legal goals. Many people in Texas choose to incorporate wills and trusts into their estate plans. But could you face situations where you should use a trust instead of a will to accomplish your…
Individuals and families frequently use trusts as an estate planning tool. A trust is a legal structure in which a person can place their assets under the management of a trustee, who must manage the assets per the terms of the trust document. The trust document may allow a trustee to distribute income or principal…
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