If you were making a list called "Words That Everyone Uses but not Everyone Understands", the word "trust" would be on that list. Most people have a general idea of what a trust is, but not everyone understands when they should consider having one. Isn't a Trust Just for Rich People? No, it isn't! There are situations in which "regular people" benefit from having a Texas trust! In … [Read more...] about What is a Trust and What are its Benefits?
wills and trusts in the woodlands
Having a Will is Important, Especially for Stepfamilies
Taking the time to create a plan for your family is very important. It is even more important in stepfamilies. In the State of Texas, if you don't make the decision on how you want your property divided, then the laws of the state will. For instance, if you are married now, and have children from a previous marriage or relationship, the law specifies how your personal property and real … [Read more...] about Having a Will is Important, Especially for Stepfamilies
Thinking About Writing on Your Original Will? Don’t do it!
Writing on your original will can invalidate the entire document. It doesn’t matter if you initial next to what you have written. Some people feel that once the document is signed and notarized they can feel free to make changes themselves. This is not true. Keep your original document safe, clean and dry. Don’t eat near it, set a coffee cup on it, get it wet, or jot notes on it. And it is … [Read more...] about Thinking About Writing on Your Original Will? Don’t do it!
