Posts Tagged ‘trusts’
DFW Trust Lawyer: Avoid These Common Estate Planning Mistakes
Estate planning is a responsibility we all have, young or old. Yet only about half of all Americans with children have a Last Will and Testament or Trust to direct how their children should be cared for and who should inherit any assets left behind after death. It’s also troubling to know that most estate…
Read MoreWorried your children will be unmotivated after receiving an inheritance? Fort Worth Trust Lawyers encourage parents to consider this estate planning tool.
Self-made billionaire Warren Buffet once famously said, “Leave your children enough money so they feel they can do anything, but not enough that they could do nothing.” Commodore Vanderbilt’s grandson, an heir to some $60 million in 1885, also once declared that “inherited wealth is as certain death to ambition as cocaine is to morality.”…
Read MoreDFW Trust Attorneys Explain the Responsibilities of a Trustee
Whether you’ve been asked to be the trustee of a loved one‘s trust or you’re in the process of choosing someone to act as your own trustee, it helps to understand what is expected of a trustee. Martin Lawyers team will tell you that being a trustee involves a lot of responsibility, often on both…
Read MoreFort Worth Estate Attorneys: 3 Ways Your Child’s Spouse Can End Up with the Family’s Money
Fort Worth estate attorneys know that it’s not inherently bad if your son-in-law or daughter-in-law receives your child’s inheritance. After all, he or she is part of the family. Ideally, if an in-law ends up with the family’s money (say your adult child passes away first), it’s always the hope that the in-law will pass…
Read MoreFort Worth Estate Lawyer: Where Should I Store My Original Estate Planning Documents?
After you complete the process of creating an estate plan with your Fort Worth estate lawyer, you’ll want to give serious thought about the place where you will store your original documents. Unfortunately, if your original documents can’t be found after you pass away, it will be presumed that you died without leaving a will…
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