Estate Planning

Creating a will and other estate planning documents is only the first step in the estate planning process. Testators also need to routinely review and update their paperwork to ensure it provides adequate protection. Many people understand that they need to reread...

We recently discussed how it is important to update your estate plan if you are going through a divorce. Marital changes are an important time to think about the future. Not only do you need to make updates when you are getting divorced, but you may also want to alter...

What would your loved ones do if they inherited a large sum of money from your estate? Would they use their inheritance to start their own business? Would their inheritance be used to travel the world? Would a loved one go to school and use their inheritance to pay...

In Texas, a living will is a legal document also known as “Directives to physicians.” This key estate planning tool holds advance instructions about your medical and end-of-life care. This means that if you fall into an irreversible state or reach the end stage of...

When your wealth grows, so do the responsibilities that come with preserving it. An estate plan that once fit your needs may no longer reflect the scope of your assets, business interests or family dynamics. For those with investments, real estate holdings or...

Are you planning to leave a significant inheritance to some of your beneficiaries? Are you worried that they may simply receive the money and then step away from their careers? This is a common concern for high-asset individuals who are making an estate plan. For...

People who draft wills often assume that they never have to worry about estate planning again. However, there are scenarios in which a will may not serve its intended purpose during probate court proceedings. In some cases, people may contest the use of a will by...

What will your legacy look like in 50 years? For many high-net-worth families, the goal isn't just to pass on money—it's to pass on meaning. Whether you are funding scholarships, protecting family land or supporting causes that matter, estate planning gives you the...

Most family wealth is the result of years of hard work, careful planning and sacrifice. Therefore, it’s normal for anyone to want to fiercely protect those assets across generations, especially against the risks that can arise from marriage, divorce or death.  Two...

Succession planning helps ensure that a business or family-owned enterprise continues to run efficiently when leadership changes. Without careful preparation, disagreements can arise and create challenges for everyone involved. Taking steps to reduce conflict can...