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 | 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 | Mar 4, 2026 | General Estate Planning, Living Trusts, Trusts, Wills
“Do I still need a will if I get a trust?” is a question that I get often when people approach me about getting a living trust created to help take care of their estate planning needs. Although living trusts aren’t necessary in Texas as much as in some other states,...
by Keith Hajovsky | Dec 10, 2025 | General Estate Planning, Living Trusts, Trusts
Unlike a testamentary trust which is created through a will and doesn’t come into being until you die, a living trust, sometimes called an inter vivo trust, is created and funded while you are still alive. Unfortunately there are lots of advertisements out there that...
by Keith Hajovsky | Sep 24, 2025 | Estate Administration, General Estate Planning, Living Trusts, Probate, Testamentary Trusts, Trusts, Wills
An executor and a trustee play very large and important roles in your estate plan. But what’s the difference between an executor and a trustee? Knowing what their roles are can help you make better choices for these positions. An executor is the person you name in...
by Keith Hajovsky | Aug 27, 2025 | Living Trusts, Testamentary Trusts, Trusts
Can a trust be amended or terminated? Sometimes a grantor, also called a settlor, of a trust (the person who created the trust) or a trust beneficiary ends up not liking some of the wording of a trust. Or sometimes life circumstances in general change so much that the...