Blended families face a higher risk of estate conflicts—clear documents, open communication and thoughtful planning help protect relationships and prevent legal battles.
National Small Business Week from May 4-10 is a fitting time to take the next step in protecting your family business. Whether you're five years from retirement or just starting to think about the future, it’s never too early—or too late—to begin.
As a kid reaches 18, they’re an adult in the eyes of the law. Therefore, your parental authority no longer exists and in turn you can lose access to information.
After you die, several things can happen to your bank account, depending on your account type, how you’ve set up your account before your passing and whether you’ve set up a will or trust.
National Healthcare Decisions Day on April 16 reminds us that planning for future medical care ensures that your wishes are respected and relieves your loved ones from making difficult choices during a crisis.
You've worked hard for your wealth. Don't let it fall into the wrong hands. Learn how trusts can safeguard your family legacy with asset protection planning.
A Revocable Living Trust is often the best kind of trust for families with young children. It lets parents name a trusted person to manage assets for their kids if something happens to them, avoids probate court delays, and provides clear instructions for how and when the children should receive support. Other options, like a Testamentary or an Education Trust, can also help by setting rules around when and how money is used for things like school or living expenses.
National Mom and Pop Business Owners Day on March 29 celebrates the dedication of family-owned businesses. Without a solid business planning strategy, many small businesses struggle to survive beyond the first generation. A strong succession plan protects your hard work and ensures a lasting legacy.
Learn the steps and key terms for trust creation and administration from asset selection to drafting with an attorney to the trustee's financial and administrative obligations.
The U.S. Treasury has suspended enforcement of the Corporate Transparency Act (CTA) after a federal court ruled it unconstitutional. As a result, Texas small businesses are no longer required to file beneficial ownership reports.
