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Community property

Exploring the Diversity of Community Property in Texas: What You Need to Know

What You Need to Know About Types of Property in Texas Dividing assets during estate planning, divorce, or when considering a pre- or post-nuptial agreement can quickly get complicated when questions arise about whether an account or piece of property is considered joint or separate. Married Texas couples should understand the distinction between community and …

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Jackpot winning

Winning Wisely – Legal Considerations After Hitting the Jackpot

The thrill of winning the lottery is like nothing else. Dreaming of buying whatever you wish, feeling relief that your financial worries are over, and delighting in caring for your family and friends – lottery winners float on cloud nine. Without proper legal and financial planning and advice, you can quickly come crashing down from …

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Mpoa changes

Protecting Your Medical Wishes: Understanding the Latest Texas MPOA Changes

Many of us know the importance of estate planning, like making a will or establishing a trust, especially as we age. What many neglect, however, may be other critical estate planning documents, like a medical power of attorney. Do you have a medical power of attorney? If you do not, or if it’s been several …

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Probate

Maximizing Inheritance: Optimizing Probate and Non-Probate Assets

Part of the estate planning process includes reviewing which assets must go through probate to pass to your beneficiaries and which assets are considered “non-probate,” of those that don’t necessarily have to be covered by a will. Certain assets may pass directly to a designated individual, but having the right beneficiary designation on any accounts …

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