by Keith Hajovsky | Oct 1, 2026 | Asset Protection, Estate Administration, General Estate Planning, Intestate - Dying Without A Will, Probate, Wills
Executive Summary: No Texas state estate tax: Texas does not levy an estate tax or “death tax” at the state level. Federal exemption limits (2026): Federal estate taxes only apply to individuals with estates worth over $15 million or married couples with...
by Keith Hajovsky | Sep 25, 2026 | Asset Protection, General Estate Planning, Living Trusts, Trusts
Executive Summary: A revocable living trust provides no creditor asset protection in Texas if you keep control of the assets. However, Texas law inherently grants strong protections without a trust: Homestead Law: Texas Property Code Chapter 41 fully protects primary...
by Keith Hajovsky | Aug 12, 2026 | Asset Protection, General Estate Planning, Trusts
Executive Summary: Estate planning is especially important for parents of a special needs child. Improperly leaving assets directly to a special needs child can jeopardize important government benefits. SSI and Medicaid are needs-based programs with strict income and...
by Keith Hajovsky | Jul 22, 2026 | Asset Protection, General Estate Planning, Living Trusts, Trusts
Quick Answer: The most common situations for when creating a living trust makes sense are: You own real estate outside of Texas. You really want to try to avoid probate on your estate to save time and money. You think you have a high chance of becoming mentally...
by Keith Hajovsky | Dec 17, 2025 | Asset Protection, General Estate Planning, Trusts, Wills
If you plan to leave assets to your children then it’s definitely a good idea to create either a testamentary trust or a living trust for them in your estate plan, especially if they are minors or possibly even if they are still young adults. It’s generally not a good...
by Keith Hajovsky | Oct 23, 2025 | Asset Protection, General Estate Planning, Power of Attorney
Why do I need a power of attorney? A power of attorney, sometimes called a durable power of attorney, is a very important part of an estate plan. It’s is a legal document that gives someone you fully trust the legal authority to act on your behalf in making...
