Estate Planning

24 Mar Have You Told Your Spouse EVERYTHING? Justin Crain, Partner

Posted at 12:12h in Estate Planning, Family Relationships, Last Wills and Testaments, Revocable Living Trust by admin 0 Comments

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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...

15 Oct Planning for a Non-U.S. Citizen Spouse: Justin Crain, Partner

Posted at 03:34h in Estate Planning, International Estate Planning by admin 4 Comments

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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...

06 Oct HELP! I Have Assets In The U.S. AND Outside Of The U.S. Justin Crain, Partner

Posted at 06:16h in Estate Planning, International Estate Planning by admin 0 Comments

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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...

23 Sep The Devil Is In The Details – Transfer On Death Deeds: Jacob Wooley, Partner

Posted at 08:41h in Estate Planning, Real Estate by admin 2 Comments

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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,...

01 Sep Tips and Tricks for Refinancing Your Home Titled In a Trust: Crain & Wooley Staff

Posted at 09:33h in Estate Planning, Real Estate by admin 0 Comments

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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...

19 Aug FREE Estate Planning Guide

Posted at 15:35h in Estate Planning, Guardianship by admin 2 Comments

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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...

12 Aug My Dad Remarried. Am I Entitled to His Estate? Shelly Joyner, Associate Attorney

Posted at 18:03h in Estate Planning, Family Relationships, Life Changes by admin 0 Comments

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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...

27 Jul Trusts and Taxes, Trusts and Taxes Go Together Like….WAIT! NO THEY DON’T: Justin Crain, Partner

Posted at 21:18h in Estate Planning, Revocable Living Trust, Taxes by admin 4 Comments

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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...

14 Jul DNR vs. Directive to Physicians: Justin Crain, Partner

Posted at 19:06h in Estate Planning, Power of Attorney by admin 0 Comments

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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...

09 Jun Your College Student & Adulting: Shelly Joyner, Associate Attorney

Posted at 11:10h in Estate Planning, Power of Attorney by admin 0 Comments

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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...