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What is a Will?

A will is a legal document outlining who a person’s assets will be distributed after their death. While recipients may include a spouse or family member, a will may also name a church or other organization to inherit money or property. A will should also specify a guardian for any minor children. When referring to…

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Should Everyone Have an Estate Plan?

This is a common question that many people ask, and our answer is consistent—yes. The future is uncertain, for everyone. It is impossible to predict when you might have a serious emergency, develop an illness, become completely incapacitated, or even die. Whether you are young, or old, 100% healthy, or currently suffering from an illness,…

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When Should I Review My Estate Plan?

An estate plan needs cultivation. In much the same way that a plant needs care, water, and sun, an estate plan needs regular maintenance. As you age, form new personal relationships, end relationships, have children, divorce, marry, etc., you’ll need to tend to your estate plan to make sure that it is up to date…

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What is Estate Planning?

Planning for the Future Most people think that estate planning is just planning for when you die. While that is an important part of estate planning, there is a lot more to it. Some of the most difficult situations arise when a person becomes incapacitated. This could happen as a result of a car accident,…

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Do I Need a New Durable Power of Attorney?

Recent changes in the law in 2017 make it advisable to update your financial power of attorney. The Texas legislature has given estate planners additional tools that were not available previously. The new statutes governing powers of attorney gives additional estate planning power to the agent. The law now expressly states that the principal (you)…

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Are Gun Raffles Legal in Texas?

Many of our clients have seen gun raffles. Is this legal in Texas? Well, it depends on who is conducting the raffle. Read More at our Texas NFA Gun Trust website.

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The Fourth Amendment Protects Owners of NFA Firearms

Many gun owners are under the mistaken belief that a registered owner of NFA firearms, such as a suppressors, short-barreled rifles, or short-barreled shotguns, is subject to unwarranted searches of their residence by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF). This is simply not true. Read More at our Texas NFA Gun Trust…

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Want Some Free Money? Check Out the State of Texas Unclaimed Property Program Website.

At a recent estate planning seminar, we had a speaker from the Texas Comptroller’s Office on the State of Texas Unclaimed Property Program. The speaker told our room of approximately 300 attorneys that at least half of us would find unclaimed property under our name. We doubted it, but we all got on online and…well…

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A Will is a Ticket to Probate

Some people think that if they have a will, their beneficiaries simply inherit under that will without any court intervention. However, a will is only a piece of paper that has no effect whatsoever until a judge in a probate court declares it to be a valid and enforceable will. Then, the person named as…

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Adopted Children Can Inherit from Biological Parents

In Texas, the government has rules about who will inherit if a person dies without a will. Dying without a will means that the person died “intestate.” We have talked about how the rules on intestate succession favor the children of a deceased spouse if they are not the children of the surviving spouse. Here…

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