24 Mar Have You Told Your Spouse EVERYTHING? Justin Crain, Partner
If you have children that your spouse doesn’t know about, don’t assume that just because they were adopted by another family that they are no longer an heir of your estate...
If you have children that your spouse doesn’t know about, don’t assume that just because they were adopted by another family that they are no longer an heir of your estate...
Spouses who are U.S. citizens can generally give property to each other during life and during death without having to pay any estate tax or gift tax. But what if one spouse is a U.S. citizen and the other spouse is not? When only one spouse...
With our world becoming more globally connected, it is very possible that you own assets inside and outside of the United States. Some countries may recognize your U.S. Will. This may occur if the rules in your state meet all of the same minimum requirements...
In 2015, the Texas Legislature passed a law adopting the Transfer on Death Deed (“TODD”). The TODD was adopted, presumably, as an alternative to probating an estate simply for the purpose of clearing title to real estate. More plainly, if you only own a home,...
Millions of homeowners across the country are refinancing to take advantage of the lowest mortgage interest rates in recent history. If you have a Revocable Living Trust, most likely your home is titled (or at least it should be titled) in the name of your...
Crain and Wooley's estate planning guide offers you a glimpse inside the world of wills, trusts, and disability planning. This easy-to-read guide provides you with the information needed to get the PERFECT plan in place for you and your loved ones. Enter your name and email...
No. Well, probably not. One of our many rights as Americans is that we’re allowed to leave our assets to anyone we want. A father has the right to not leave anything to his adult children, regardless of the existence of a stepmother or not. We...
A number of our clients have a trust as the main document in their estate plan. Some of them created a trust before ever talking with Crain & Wooley and were not educated on how a properly crafted trust works. For example, some people never...
There is a lot of confusion surrounding two frequently used yet greatly misunderstood terms: Do Not Resuscitate Order (DNR) and Directive to Physicians (Living Will). Unfortunately, many of us use these terms interchangeably. However, they are NOT the same “thing”. These documents may seem similar...
You did everything right. You found a tutor for your kid so she could get the highest SAT score possible. You helped him apply for all the right scholarships. You saved to help cover some of her other college expenses. Now your sweet baby is...