Texas is a diverse place to live. Rich with culture, this state is one that many people choose when it’s time to settle into a career or find a place to retire. If you are not from Texas and already have an estate plan when you move into the state, then it is extremely important …
Moving to Texas? Here’s What You Need to Know About Your Estate Plan Read More »
Advantages of Donor-Advised Funds (DAF) There are many advantages of a DAF, and it can be used as an instrument of charitable giving in the upcoming year. The Donor-Advised Funds has many attractive aspects, and can be set up very easily to start giving right away. You may not have heard of DAFs, therefore, let’s …
Well, it’s nearing and at the end of the year, and we are all preparing for the beginning of the New Year for 2022. Happy Endings and Happy Beginnings! This is also the optimal time for you to make a new list of your emergency contacts, list who you will continue to trust in the …
Emergency Contacts and Making Changes to Who You Can Really Trust on Paper Read More »
These are the years that the Baby Boomer generation have waited for their entire lives. They are retiring in droves, and are looking for new ways to increase and protect their retirement accounts to ensure they have a steady stream of cash for their future. To that end, the IRA and 401(k) are still the …
While Texas’s probate process is not as complex as other states, it is still possible to avoid it. If you pass away without a will and leave property and assets behind, they could be probated in accordance with the intestacy laws. To avoid your assets going to people you didn’t intend them to and to …
When a person passes away, their estate needs to be processed and distributed in accordance with Texas law. As a surviving loved one, you may have questions about probate and if it’s necessary. Here is more information to help you understand the legal processes involved after someone dies and when an estate may need to …
An Overview of Probate and Estate Administration in Texas Read More »
When considering a divorce in Texas, the issue of which assets are owned by which spouse is bound to come up. It is not a good idea to make assumptions, and throw everything owned by the couple into one huge pot, because there may be exceptions, rules or legislation that will follow to show who …
Concerns Over Having Community Property in Texas Read More »
Saving money has never been easy for most people, but putting money away for retirement has become more important than ever before. Money out of sight in an investment vehicle is safe and secure, and will allow you to relax as you keep working for now before you actually are ready to retire. Roth IRAs …
Did You Know Money Can Be Lost in a Roth IRA Right Now? Read More »
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 »
If you are a Texas resident, contact Krupa Downs Law, PLLC and the attorney with the firm will get back to you as soon as possible. Contacting Krupa Downs Law, PLLC through this site does not create an attorney-client relationship. Please do not send any confidential information until such time as an attorney-client relationship has been established.