by Keith Hajovsky | Feb 12, 2025 | Asset Protection, General Estate Planning, Trusts
Estate planning is important for everyone whether they have children or not, but having the right documents, like a special needs trust, in place is perhaps even more important for people who have a special needs child. If a parent of a special needs child does not...
by Keith Hajovsky | Jan 21, 2025 | 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 | Jan 15, 2025 | 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 | Jan 3, 2025 | 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 | Oct 30, 2024 | Estate Administration, General Estate Planning, Probate, Trusts, Wills
Can you avoid probate by having a living trust? (please also see Do I Need A Living Trust) Well yes and no. Yes, for all the assets that you actually place into the trust you can avoid probate for those particular assets. For example, you could deed your house to the...
by Keith Hajovsky | Sep 12, 2024 | 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,...
