by Keith Hajovsky | May 1, 2024 | Estate Administration, General Estate Planning, Intestate - Dying Without A Will, Wills
Why do I really need a will? I imagine just about everyone has at least thought about getting a will at some point in time, but many studies show that over half of all adult Americans do not have even the most basic estate planning documents. I think a big reason that...
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 | Mar 27, 2024 | Non-probate Assets, Probate, Wills
Life insurance is often a significant part of someone’s estate. So does life insurance pass through a will? The short answer is that usually proceeds from a life insurance policy pass directly to whomever was designated as the beneficiary or beneficiaries on the...
by Keith Hajovsky | Mar 20, 2024 | Estate Administration, General Estate Planning, Probate, Wills
Are handwritten wills legal in Texas? Handwritten wills, also know as holographic wills, can be legal in Texas if written properly. It can be better than not having a will at all. But it’s certainly not the best way to have a will. For a handwritten will to be legally...