by Keith Hajovsky | Aug 2, 2023 | General Estate Planning, Marital Assets, Probate, Wills
Because of the important community property and separate property issues that come up in estate planning and probate, I often get asked “What is considered a common law marriage in Texas?” It’s a good and important question, especially since more people than ever are...
by Keith Hajovsky | Jul 26, 2023 | Asset Protection, General Estate Planning, Living Trusts, Trusts
A living trust in Texas is advertised all the time as a “must have” estate planning tool, but unfortunately many of these trust products are simply scams. It’s gotten so bad that the Texas Bar put out a pamphlet titled LIVING TRUST SCAMS AND THE SENIOR...
by Keith Hajovsky | Jul 19, 2023 | General Estate Planning, Living Will, Medical Power of Attorney, Power of Attorney, Trusts, Wills
What is estate planning? First of all, almost everyone has an estate, because an estate is merely made up of everything a person owns – cars, real estate, checking accounts, investment accounts, furniture, clothes, etc. So, dear reader, you are pretty much guaranteed...
by Keith Hajovsky | Jul 5, 2023 | General Estate Planning, Probate, Trusts
A spendthrift trust can be a very powerful estate planning tool if you want to leave assets to someone who isn’t good with money. I have always said that everyone has their strengths, i.e. things that they are good at. Some of us are very artistic. Some of us...
by Keith Hajovsky | Jun 21, 2023 | General Estate Planning, Guardians, Wills
It’s bad enough that 64% of Americans don’t have a will, but most parents of minor children have not named guardians for their children either. And you really need to name guardians for your children, because in some ways this might be even more important...
by Keith Hajovsky | Jun 14, 2023 | General Estate Planning, Guardians
A legal guardian is someone who is designated to take care of your child in case both you and the other parent of your child were to die before your child reaches adulthood. Yes, that’s a terrible scenario to think about, but unfortunately it’s a genuine possibility....
