Considering a living trust as part of your estate planning? This might lead you to ask, "Can I be the trustee of my own trust?" It’s a common question with an answer that’s not always straightforward. It depends on your goals, the type of trust, and the laws of your state. This article zeroes in … [Read more...]
Can You Put a Business in a Trust?
When considering estate planning, business owners wonder if they can put a business in a trust. For many business owners, their company is one of their most valuable business assets. Protecting it is a top priority both during their lifetime and for future. So, can you put a business in a trust? The … [Read more...]
9 Reasons You Need a Revocable Living Trust in Texas
When contemplating your estate planning options, you may wonder, "Do I need a revocable living trust?" Particularly, you might worry about the ease with which your heirs will inherit and manage their portions of your estate. A revocable living trust (RLT) offers a flexible solution, allowing you … [Read more...]
How Long Does it Take to Set Up a Trust in Texas? A Guide
As an estate planning attorney in Texas, I often get questions about trusts. My client Lesley and I had been emailing for a year about setting up a trust, but life had kept her too busy to proceed. One day, she emailed to say she’d call me that afternoon. “Hey, Chris,” Lesley said. “I needed to … [Read more...]
How to Put Your House in Trust with a Mortgage : Texas Guide
Putting a house with a mortgage into a trust can be a complex but rewarding estate planning strategy. Many homeowners consider this option to safeguard their assets and make it easier to pass their property to their heirs. However, the process can be tricky, especially when there's an existing … [Read more...]
What Are 3 Advantages of a Trust Over a Will?
Planning for the future can be a daunting task, but one thing is certain: it is essential. Thinking about what will happen to your hard-earned assets after you are gone can feel overwhelming. This is where estate planning tools like trusts and wills come into play. Choosing between a trust and a … [Read more...]
Living Trust vs. Will in Texas
Estate planning is crucial in settling one’s affairs in the event of their incapacitation or death. From directing your wishes on medical treatment to distributing your assets to beneficiaries, estate planning gives you peace of mind and control over what happens to you and to the assets you … [Read more...]
