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Kendall and Bexar County Estate Planning

Texas Estate Planning Blog

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Why Does a Person Need a Living Will?

Unfortunately, only about a third of U.S. adults had an advance directive in recent years, according to one research analysis.
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Posted on: February 2, 2021
Legacy Planning in Boerne Texas

What are the Basic Estate Planning Documents?

In a nutshell, an estate plan encompasses the accumulation, conservation and distribution of an estate. Done well, it will enhance and maintain the financial security of the next generation.
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Posted on: January 25, 2021
credit cards

What Happens to Credit Card Debt when Someone Dies?

If you get bogged down with a high balance that you can’t easily afford to pay off, it can take years to get out of debt. However, what happens to your credit card debt, if you die before you’ve repaid it?
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Posted on: January 24, 2021
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What Kind of Estate Planning Mistakes Do People Make?

Many people plan their estates diligently, with input from legal, tax and financial professionals. Others plan earnestly but make mistakes that can potentially affect both the transfer and destiny of family wealth.
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Posted on: January 22, 2021
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Estate Planning Is Best When Personalized

When something is tailored to one’s needs, everything can go smoother.
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Posted on: January 20, 2021
living trust Will document signing

What You Should Never, Ever, Include in Your Will

A last will and testament is a straightforward estate planning tool, used to determine the beneficiaries of your assets when you die, and, if you have minor children, nominating a guardian who will raise your children. Wills can be very specific but can’t enforce all of your wishes. For example, if you want to leave…
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Posted on: January 18, 2021
gifts to family

Should a Donor-Advised Fund Be Part of My Estate Planning?

With the prospect of a Biden administration potentially raising tax rates and cutting estate tax exclusion amounts in half, some well-off taxpayers may be looking for a way to ease their burden, even while contributing to their favorite charities. A donor-advised fund may well be that opportunity.
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Posted on: January 14, 2021
pen signing Will Trust

What Do I Need to Know about Creating a Will?

Creating a will is one of the most basic elements of estate planning. There are different types of wills you can choose from, including a simple will.
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Posted on: January 13, 2021
man signing bank will documents

What Should I Know about a Living Trust?

A living trust is an estate planning legal document that contains your instructions and authorization for what you want to happen to your assets, when you become disabled or pass away.
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Posted on: January 11, 2021
large family estate planning

How Much Should We Tell the Children about the Estate Plan?

Even those with thorough estate plans might have neglected to discuss details with potential heirs.
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Posted on: January 7, 2021
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