Besides getting a will in place before you die, there are other options such as using an inter vivos trust, that you can use to help monitor and manage your property and assets, for the benefit of your chosen beneficiaries. That “one day” could come at any moment, and you will definitely want to be …
When Should You Consider Using a Living or Inter Vivos Trust? Read More »
When you consider giving to a charity these days, you need to make it your business to do your due diligence and check out the charity on all fronts. Just because a loose group of people set up a website, start some social media pages, and offer areas to donate either online or conveniently from …
Deciding on Charitable Giving – Do Your Due Diligence Read More »
Making your own decisions about how you want to live your life may be important to you, and it may be equally as important to those you love. In Texas, you have the option to obtain a guardianship over someone who is unable to care for themselves or their finances in some cases, but this …
Alternatives to Guardianship in Texas: Get the Facts Read More »
Conservatorships and guardianships aren’t the same, so it’s important to know which term applies to your situation. When there is an incapacitated adult in question, such as someone who has advanced Alzheimer’s disease or dementia, you should be looking for guardianship. Conservatorships do not involve adults in Texas, which does differ from some other states. …
Conservatorship vs Guardianship: Understanding the Differences Read More »
In November 2010, I took my oath as a new lawyer. I swore to support the Constitutions of the United States and Texas. On January 22, 2021, I renewed my oath. I, Christene Krupa Downs, do solemnly swear that I will support the Constitutions of the United States, and of this State; that I will …
By now, most people will have been touched by the COVID-19 pandemic and its aftermath – which could include knowing someone who has died tragically and suddenly, or from knowing someone who has lost a loved one unexpectedly to the virus. For this reason and so many more, it is prudent and practical to put …
What You Need to Know About Texas Estate Planning With Minor Children Read More »
As I sit here trying to write this blog for Plano Moms Blog, I realize that writing is not my “thing.” I would much rather talk to people about their kids, their pets, their interests, and the importance of estate planning. But here, I am writing – One of my 2021 goals is to learn …
When someone dies, their estate is controlled by a chosen or appointed executor. The duties of an executor vary greatly and extend to the payment of federal taxes on the decedent’s estate, including the taxes applied to income received after death. The law requires that anyone who inherits the duty of the executor is personally …
Avoiding Tax Liabilities as an Executor of an Estate Read More »
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