Resources

Keeping the Peace from Beyond the Grave

It’s every parent’s dream to maintain close relationships with all their children as they age. But sometimes, things don’t turn out as parents plan. The reasons…

Prepare for the Death of the Stretch IRA

No laws affecting retirement plans are final yet, but there are certain changes on the horizon that may require tweaks to your estate plans. The Setting Every Community…

Can I Name a Relative Who Lives Abroad as Guardian of My Children?

A colleague in a listserv to which I subscribe asked an interesting question: Can parents name a relative who lives in a foreign country as guardian of…

Is Property My Spouse and I Owned in Another State Community Property or Separate Property?

John and Jane Doe didn’t always live in Texas. Earlier in their marriage, they lived in another state, where John purchased a house the couple lived in…

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…

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…

Did the Texas Legislature Create a Back Door for the Creation of a Self-Settled Asset Protection Trust?

Trusts with spendthrift provisions protect assets from claims of creditors. The inclusion of a spendthrift provision in a trust provides the beneficiary with asset protection because it…

Do I Need To Record My Trust in Texas?

In Texas a trust is a not a legal entity. Rather, it is a legal relationship in which a Trustee holds legal title for the benefit of…