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Articles Posted in Will

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Yes, Houston. You Really Do Need a Will

If for no other reason, you need a will to name an executor (or executrix). So, do you really need a will? Yes. Really. A recent Forbes article titled "Do I Really Need a Will?" recommends that you should have a will to at least designate an executor or executrix…

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Houstonians Can Back Up Life With An Estate Plan

…As with hard drives, our limited shelf life requires that we make the most of each day while also planning for a peaceful transition. Having loved ones struggle with managing unorganized financial affairs with no assistance only prolongs grief and blemishes fond memories. Why do most of us give more…

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Think You Don’t Need an Estate Plan Because You Don’t Have Kids? Think Again, Houston!

Did you think estate planning would be easier because you don’t have children … or that you don’t really need an estate plan? If so, you couldn’t be more wrong! The website dailycall.com recently posted an article, titled "Aging and estate planning for singles and couples without children," to help…

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The World Knows All About Lou Reed’s Estate – Do You Want the Same Exposure in Houston?

If Lou Reed had used a revocable living trust, and transferred his assets into the trust during his life, then all of this information would have been kept private.  No one would know how much he had, whom he left it to, or how much his executors were charging. When…

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Creating Inheritance Incentives For Houston Heirs

The vast majority of estate planning lawyers get requests for trusts that "motivate responsible behavior by the next generation," said Los Angeles lawyer Jon Gallo, who presented an overview of the topic at the annual Heckerling Institute on Estate Planning. If you are leaving behind an inheritance for the good…

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Inheritance Problems for Houston Families: Fighting Over “Stuff”

Dividing money is easy. But who gets Mom’s tea set? When we hear about heirs fighting over an inheritance, most of us think about money as being the main issue. But money isn't everything! How you split up priceless family artifacts and other physical goods can start or end fights…

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Wills And Trusts: Do Houston Families Need One Or Both?

The question that many Americans want answered is: is a will or trust best for retirees? There are simple solutions to simple problems, and complex solutions to complex problems. That being said, when it comes to estate planning many Americans ponder the following: "will or trust?" If you have found…

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