The Importance of Fiduciaries in Texas
When someone assumes the role of a fiduciary, they are legally bound to exercise care, loyalty, and diligence in their duties.
1533 N. Lee Trevino, Suite 201 - El Paso, TX 79936
1533 N. Lee Trevino, Suite 201 - El Paso, TX 79936
When someone assumes the role of a fiduciary, they are legally bound to exercise care, loyalty, and diligence in their duties.
The Statute of Frauds plays a crucial role in determining which types of contracts are legally binding.
Two common options are a relative trustee or an individual trustee, such as a family member or close friend, and a professional trustee, such as a bank or trust company.
Under Texas law, you have the power to designate a guardian for your children in your will.
It’s important to note that powers of attorney can be revoked or modified at any time as long as the person granting the power has the mental capacity to do so.
The IRS ruling on trusts and property inheritance is an important topic for individuals seeking clarity on the tax implications…
Living trusts and simple wills are two of the most common estate planning tools. Both have their own advantages and disadvantages.
Lady Bird Deeds, also known as enhanced life estate deeds, are an important tool in estate planning in Texas, as they allow individuals to transfer real estate without going through the probate process.
Unfortunately, many people make simple mistakes when it comes to estate planning that can have long-term consequences.
Estate plan funding is a critical component of any estate plan because it can ensure that your assets are properly allocated and that your wishes are carried out.