As our client community knows, there are many tools available for individuals undergoing the estate planning process. Two of these tools are the will and the trust, and there are important differences between the two. To find out whether a will or a trust is better for your individualized estate…
We speak with our clients time and time again about the value of adding a trust to an estate plan. If you have wondered whether a trust might be the right tool for you, the next step would be to decide which type of trust is right based on your…
Whether you are in the beginning, middle, or end phase of your estate planning process, it is never too late to consult an estate planning attorney that can help you make sure your documents are in line with Texas’s requirements. While it can be difficult to sort through the various…
In the year 2024, it can be tempting to bypass traditional legal services in favor of getting things done online. Many clients ask us about online wills: are they a good idea? What are the advantages and disadvantages? At McCulloch & Miller, we have an adage: online wills work until…
When most people think of estate planning documents, they think of naming their monetary assets in a will and distributing those assets to their loved ones. In reality, an estate plan can (and often should) include more than a list of your property and beneficiaries. Today, we discuss five frequently…
If you are a business owner, there is no doubt you have thought about what might happen to your business once you are gone. At McCulloch & Miller, we specialize in planning for the future, and business succession is no different. Today’s blog covers some basics that could help you…
Writing a will should not be overly complicated. With the right Houston estate planning attorney helping move things along, many clients find the process to be relatively smooth. There are, however, important things to include in your will that could be detrimental to leave out. Today, we focus on a…
As a general rule, it is best to be as thorough as possible when drafting your estate plan. Your plan should include any significant assets you own, and it should be as specific as possible. There are times, however, when decedents unintentionally leave items out of their wills. Today, we…
As many business owners know, business succession planning is a process, not a one-time ordeal. Succession planning is the activity through which organizations identify, train, and set up future leaders to take over when current management steps down. All companies should have some form of succession planning in place, but…
Estate planning doesn’t have to be overly complicated. While it’s important to make sure your plan is thorough, accurate, and thoughtful, you should also be able to draw up your documents without too much stress. To aid in that process, today we offer five tips that you can use to…