It’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 […]
1. What is a homestead? A homestead is a residential structure that you use as a home. It is the primary place where you reside, whether you live by yourself, or with your family. The homestead can contain one or multiple parcels of land. In Texas, a homestead cannot exceed the size of ten acres
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What is the Corporate Transparency Act? The Corporate Transparency Act (“CTA”) 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 owner’s identity to the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”), if
The Corporate Transparency Act is Here: What You Need to Know Read More »
What is your top reason for making an estate plan? If you have questions or would like to schedule a meeting with an attorney at Grace Estate Law about your reasons for estate planning, please contact us to schedule an appointment.
Top 10 Reasons to Make a Will and Trust in Texas Read More »
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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The Pew Research Center defines the Millennial Generation as anyone born during the years 1981 through 1996. In 2022, “Grandmillennials” 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
Why Millennials Are Estate Planning and Why You Should Too Read More »
