How marital property is owned has implications for both estate and tax planning. In most States, spouses can purchase and own property separately from one another. However, in certain States – called community property States – if one spouse purchases property, it is considered the Continue reading
When I first started doing estate planning, I was amazed at how many people thought that it was something only for the wealthy. That is simply not true. Everyone, no matter the size of your estate, can benefit from having an estate plan. Even if an estate planning tool has been Continue reading
In many cases, a spouse’s death becomes a deciding factor whether or when to sell your house. But before listing it on the market, here are some tax considerations that you should take into account when making that decision.
What is Capital Gains Tax?
The biggest concern when selling Continue reading
Not all inheritances your children will receive from your estate have to be equal because, let’s face it, equal isn’t always fair.
While it is natural for parents to want to treat their children equally in their Estate Plan, there are some circumstances in which a parent might want Continue reading
As trust beneficiaries, you may feel that you are at the mercy of the trustee, but depending on the type of trust, beneficiaries may have rights to ensure the trust is properly managed.
A trust is a legal arrangement through which one person, called a “settlor” or “grantor,” gives Continue reading
Running a small business can keep you busy, but it should not keep you from creating an estate plan. Not having a plan in place can cause problems for your business and your family after you are gone.
While an estate plan is important for everyone, it is especially important for Continue reading
Sports fans with season tickets may want their families to enjoy the tickets after they are gone, but passing on these tickets may not be simple.
Getting season tickets to your favorite sport is not always an easy task. Season tickets for some teams can cost a lot of money and require Continue reading
A Roth IRA does not have to be used as just a retirement plan; it can also be a way to transfer assets tax-free to the next generation as an Estate Planning Tool.
Unlike a traditional IRA, contributions to a Roth IRA are taxed, which means that the distributions are tax-free. Also, Continue reading
Naming a trust as beneficiary of your retirement plan can be a good idea in some circumstances, but it can be dangerous if you are worried about creditors coming after your estate.
There are a lot of good reasons to name a trust as beneficiary of a retirement plan, whether it is Continue reading
The executor’s job of an estate can be a time-consuming job, depending on the size and complexity of the estate. While a simple estate can take a few months and not require a huge time commitment, if there are problems, the job can drag on for years.
An executor is the person responsible Continue reading
800 N. Industrial Blvd., Suite 106
Euless, TX 76039
While my address is Industrial Blvd, we are actually on Clinic Drive. Look for the tall red Super Value Pharmacy sign. Whether coming from the North or the South, you will turn off of Industrial Blvd. onto Clinic Dr. Our building is located up the hill just past the Super Value Pharmacy at the far end of the building.
| Mon-Thurs | 8:30am-5:00pm |
|---|---|
| Fri/Sat/Sun | Closed |