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Asset Protection
Asset Protection for Professionals and Business Owners in Texas Serving Clients in Frisco, Arlington and the Surrounding Area Asset protection planning involves making prudent decisions today to protect yourself, your business, and your hard-earned assets from loss due to lawsuits, creditors or bankruptcies. This type of legal planning is especially prudent for professionals and business […]
Frisco & Arlington Estate Planning
Putting Your Affairs in Order I hear it all the time – “Make sure you have your estate plan in place.” Why do people say that you need an “estate plan,” when it’s really your family (not your estate) that’s the most important thing in your life? Wouldn’t it make more sense to do a […]
Named As A Successor Trustee? Now What?
You’ve been named as a Successor or Alternate Successor Trustee of your friend’s/loved one’s revocable living trust. As their chosen trustee, you now have the responsibility to ensure that all designated wishes are carried out accordingly and accurately in accordance with trusts’ provisions. Our overview provides guidance for understanding what this role entails and addresses […]
The 4 Things You Should Know About Settling An Estate
When it comes to settling an estate, the process can feel overwhelming and complicated. From navigating complicated legal documents to ensuring that everything is taken care of in a timely manner, without making mistakes along the way — there’s no question that this isn’t something you want to try on your own. To help make […]
The Pros & Cons Revealed: Corporate Fiduciary Over Friends And Family?
When appointing a fiduciary for your estate or trust, it may seem like an easy decision to select among friends and family; however, if the candidates are minors or not fully qualified – that’s when you might want to consider giving corporate fiduciaries serious consideration. After all, this is a crucial choice – one which […]
The BIG Question If You’re A Successor Trustee… Do You Need Help?
Assessing Your Family’s Capability to Manage Your Trust Settlement Settling the estate of a loved one through a revocable living trust can be an intimidating process. This is why it’s important to consider if your family has the capacity and resources to handle this task without assistance from an attorney or other legal expert. Here […]
Probate Worries? Read This…
Despite the popular belief that Probate is a dreaded process no-one wants to face, it can be an invaluable asset in making sure your estate passes on according to plan. With thoughtful planning and proper guidance, probate doesn’t have to feel like such bad luck after all! Understanding the Concept of Probate Probate is the […]
The 8 Things That Add Months Of Delays To A Probate Case
Unplanned estates can be caught in the web of probate court for months or even years. Without an effective plan, assets are left at risk with someone else deciding their fate; a multitude of factors – from executor to asset type – impact how long this process drags on. Ignoring probate planning may put your […]
The Probate Checklist Every Executor Should Have
When a person passes away, their estate must be legally transferred to their beneficiaries. This is typically done through the probate process – an administrative procedure overseen by a court of law with its own set of rules and regulations depending on the state. Debts are also paid out during this process as any power […]
QUESTION: When Is Probate Absolutely Necessary?
It is important that individuals understand the potential legal implications of their decisions. This article provides helpful information, however it should not be taken as official legal advice. For any inquiries or concerns, we highly advise consulting with a probate attorney for genuine counsel and answers tailored to your unique situation. Grief is a difficult […]