by Keith Hajovsky | Apr 24, 2024 | Asset Protection, General Estate Planning, Trusts, Wills
At the state level, there is not an estate tax in Texas to be concerned about by anyone, but at the federal level there is. However, less than 1% of the population in Texas or even in the United States needs to worry about this. This is because even though an estate...
by Keith Hajovsky | Apr 17, 2024 | General Estate Planning, Probate, Trusts, Wills
If you have life insurance or plan to buy some, then you should definitely discuss it with your estate planning attorney. Whether you have the payout on the policy go directly to an individual beneficiary, to your estate, or to a trust, life insurance plays a...
by Keith Hajovsky | Apr 10, 2024 | 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 | Apr 3, 2024 | General Estate Planning, HIPAA Authorization, Intestate - Dying Without A Will, Living Will, Medical Power of Attorney, Power of Attorney, Trusts, Wills
An estate planning attorney can do many things for you. He or she can of course create a will for you. A will is usually the most important part of someone’s estate plan. This document allows you to direct where all of your probate assets should go upon your passing....
by Keith Hajovsky | Mar 13, 2024 | 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...
by Keith Hajovsky | Mar 6, 2024 | Probate, Trusts, Wills
I’ve been asked by married couples if they can just use a joint will as opposed to each spouse getting a will of their own. In these situations, typically each spouse wants to leave everything to the surviving spouse, and when the surviving spouse passes on later,...
