Planning for Special Circumstances

Your Estate Plan May Need To Be Tweaked: The SECURE Act Has Passed

The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) was signed into law on December 20, 2019 and goes into effect on January 1, 2020. It is the most impactful legislation affecting retirement accounts in at least a decade. If your estate plan distributes assets to your beneficiaries in trust, you should contact … Read More

What are the Rights and Responsibilities of a Life Tenant in Texas?

A life tenant is a person who has the right to possess real property for the term of a measuring life. The measuring life is typically the life of a grantee (the person to whom a conveyance is made), although a third person can also be a measuring life. For example, Joe could grant a … Read More

A Poor Prognosis? Call Your Estate Planning Lawyer!

I worked with a young couple last year. Both were in good health. They were happily married, had two small children, and were busy balancing their careers and young family. Their plan was typical: If one died, they wanted the surviving spouse to inherit outright with minimal fuss. Their wills made an outright distribution to … Read More

Frequently Asked Questions About Texas ABLE Accounts

The Achieving a Better Life Experience “(ABLE”) Act was signed into law by Barrack Obama on December 19, 2014. It required each state to pass it’s own ABLE Act. The Texas ABLE act was signed into law by Governor Greg Abbot on June 19, 2015. The ABLE Act creates an option for eligible people with … Read More

Will a Gift I Make To My Married Child Be Community Property?

A very generous father contacted me over the weekend. He wanted to buy a house for his son, but was concerned that the house would become community property because his son was married. He wondered if there was a way he could ensure that the gift to his son was classified as separate property. In … Read More

How to Avoid Being Victimized by Fraud

My mother received a phone call a few weeks ago from someone claiming to be an Apple representative. The caller claimed that a breach in my mother’s iCloud account had been detected. She asked that my mother provide some sensitive information on the phone and authorize remote access of her computer. My mother refused. She … Read More