Community Property: What Investors Need To Know Asset Protection, Estate PlanningYou can’t be a great real estate investor if you don’t have an understanding of marital property laws and how they affect your investments. Most U.S. states use common law, also known as or equitable distribution, as their matrimonial regime, but in Texas...
What Is The Difference Between A Will And A Trust? Estate PlanningWhile you probably know that wills and trusts are both used in estate planning, many people don’t truly understand the difference between the two. So, what what IS the difference between a will and a trust, anyway? Both wills and trusts are used to pass your property...
A Guide to Estate Planning for Blended Families Estate PlanningMarriages don’t always work out. Whether it’s divorce or death, people deserve a second chance to find their soulmate. However, your second marriage can have important implications for the children you had during the first one. More specifically, you may need to use a...
The Pour-Over Will: The Perfect Addition To A Living Trust Estate PlanningFor the savvy investor looking to create a watertight estate plan, the pour-over will may be the perfect addition to a living trust. Named after the fact that it “pours” all a decedent’s remaining assets into the living trust, a pour-over will can be an effective...
Combat Fear With Financial Planning Estate PlanningFear without direction is a scary thing. We’ve all had our lives upended, both personally and professionally, in the face of the global Coronavirus pandemic and it’s left many of us feeling a lot of fear about the future. What we’re missing is a plan, though. With a...
Estate Planning: Eligibility, Rules & Regulations Asset Protection, Estate PlanningOne interesting thing about the asset protection field is how many areas of law overlap. To run an effective practice, asset protection attorneys have to have a thorough understanding of business law, tax law, real estate, and yes, estate planning. Sometimes, clients...
When Discussing Your Estate Plan: What To Do With Your Remains Estate PlanningOne of the major decisions you will make as a part of your estate plan is how you want your remains handled. Some approach this as a matter of disposal, others as an opportunity for preservation of their legacy. But the options are only getting more interesting if...
Estate Planning Basics: Understanding The How & Why Estate PlanningWhile estate planning isn’t always the easiest topic to discuss, avoiding it tends to make it into a bigger, more dramatic deal than it needs to be. If you haven’t looked into estate planning basics yet, now is a wonderful time to consider what kind of choices you...
Benefits of Estate Planning: Give Your Heirs Control Estate PlanningLet’s do something folks don’t do much: Let’s talk about the fun side of estate planning. While it’s hardly a rip-roaring cocktail party subject, it’s important nonetheless. An improperly planned estate, or worse, no plan at all, complicates your already painful...