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Kendall and Bexar County Estate Planning

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parents children guardian

How Do Special Needs Trusts Work?

One of the most commonly recognized instruments for protecting assets for a disabled beneficiary is through the use of a Special Needs Trust, also known as a Supplemental Needs Trust.
Posted on: December 5, 2023
Wills and Trusts

Why are Contingent Beneficiaries Important?

When planning your estate rarely will you experience difficulty naming your initial beneficiary or beneficiaries for your will, IRA’s or life insurance.
Posted on: November 29, 2023
texas probate

How Does the IRS Rule on Inherited IRAs Work?

Before the original SECURE Act, IRA owners who died were able to leave their accounts to their children, grandkids, or other non-spouse individual beneficiaries, and heirs could stretch required minimum distributions (RMDs) over their own lifetimes, thus allowing the funds in the accounts to grow tax-free for decades.
Posted on: November 27, 2023

How Do I Address My Aging Parents’ Finances?

These six steps can help future caregivers know where aging parents stand financially, as well as help them to avoid surprises that could imperil their own retirement.
Posted on: November 24, 2023
home deed title

What Should I Know about Lady Bird Deeds?

As Lady Bird deeds grow in popularity, it is important to discuss and understand the benefits and limitations of these deeds.
Posted on: November 21, 2023
pen signing Will Trust

What are Primary Testamentary Estate Planning Documents?

When someone dies, one of the first questions the attorney will ask is what primary estate planning instrument the decedent had in place.
Posted on: November 15, 2023
Estate Tax Planning

Now Is the Time for Estate Planning

As life is unpredictable, it is better to start planning sooner rather than later. In fact, upon attaining the legal age of majority in your state of residence (typically at age 18), you should begin considering some form of an estate plan.
Posted on: November 13, 2023

What Happens When the Second Parent Passes?

However, settling the second spouse's affairs was more complex, even with advance planning. Everything from wills to banking to tax returns became more complicated.
Posted on: November 9, 2023
man signing bank will documents

What Should I Know about Beneficiary Designations for IRAs?

One approach to consider is to prepare a customized beneficiary designation form.
Posted on: November 7, 2023
concerned about probate

What if Your Life Insurance Beneficiary Predeceases You?

If you have life insurance, you know you were required to pick a single or multiple beneficiaries when you purchased your policy. When you die, the beneficiaries receive the payout from the policy.
Posted on: November 3, 2023
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