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The Truth About Beneficiary Designations (The Good, The Bad, and the Ugly from a Probate Attorneyโ€™s Perspective)

Itโ€™s common knowledge that the probate process can be lengthy and costly, especially if there is no Will. However, many folks view formal estate planning, like making a Will or Trust as a luxury they cannot afford. Enter Beneficiary Designations: The Good Beneficiary designations are the easiest and cheapest solution to minimize, or even avoid […]

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The Corporate Transparency Act is Here: What You Need to Know

What is the Corporate Transparency Act? The Corporate Transparency Act (โ€œCTAโ€) became effective January 1, 2024 and impacts domestic and foreign companies operating in the United States.  The CTA is a new regulation that requires certain business entities to report a beneficial ownerโ€™s identity to the U.S. Treasury Departmentโ€™s Financial Crimes Enforcement Network (โ€œFinCENโ€), if

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New to Texas? What You Need to Know About Community Property Law

Texas is 1 of only 9 states in the U.S. that have “community property” laws. If you are asking yourself what community property is, then you are either new here, or newly married! Either way, keep reading to find answers to your most frequently asked questions about community property laws: Q: What is Community Property?

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Why Millennials Are Estate Planning and Why You Should Too

The Pew Research Center defines the Millennial Generation as anyone born during the years 1981 through 1996. In 2022, โ€œGrandmillennialsโ€ will be turning 41 years old, while our youngest Millennials will be turning 26. Millennials are a dynamic generation who have brought us exciting and transformative new technologies like social media and who tend toward

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