Blog


Jun

16

2022

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5 Estate Planning Basics for Same-Sex Couples & LGBTQ Individuals

Posted by: Adair M. Buckner

Estate planning is even more important for LGBTQ individuals. In reflection of Pride Week, let’s discuss the necessity of estate planning for LGBTQ individuals and couples.

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Apr

25

2022

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Do I Need A Trust? - When You Should & Shouldn't Set Up A Living Trust

Posted by: Adair M. Buckner

I frequently am asked by prospective estate planning clients, "Do I need a trust?" The answer is the classic one: It depends.

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Apr

15

2022

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What Types Of Trusts Can You Use For Special Needs?

Posted by: Adair M. Buckner

Trusts are an excellent tool to provide for the future needs for yourself or your loved ones. A trust can be especially beneficial if you have children with special needs, including minor children and adult children with disabilities. You can also create a trust for yourself if you need to apply for Medicaid and your assets exceed the limits to qualify.

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Mar

31

2022

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6 Compelling Reasons to Have a Living Trust

Posted by: Adair M. Buckner

There are at least six really good reasons for you to have a living trust in your estate planning package.

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Mar

3

2022

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How Much Probate Costs With And Without A Will In Texas

Posted by: Adair M. Buckner

Many people are afraid of drawing up a will and doing other estate planning because of the perceived high cost. The truth is, drawing up a will is a small cost compared to the cost of probate of an estate if you die without a will and own almost any property.

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Feb

2

2022

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How Much Does It Cost To Set Up A Trust?

Posted by: Adair M. Buckner

A revocable trust is one that can be completely or partially revoked either during the lifetime of the person creating the trust or afterward. An irrevocable trust means just that: it cannot be revoked.

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Jan

12

2022

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Why You Should Start Estate Planning In Your 20's

Posted by: Adair M. Buckner

Estate planning isn't just for rich or older individuals. Even young, asset-poor 20-somethings should start thinking about how their property will be distributed in the event of a tragedy. Drawing up an estate plan is not as much an action you need to take for yourself, but one you should take for your loved ones.

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Oct

28

2021

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What Happens If You Die and Own Out-Of-State Property?

Posted by: Adair M. Buckner

Probate or administration is the legal procedure for settling and transferring a persons estate, including assets and debts. If a person owns property in a different state from that in which he or she lied at death, an ancillary probate or administration in the other state might be necessary. If there was a will, generally, a probate will be proper, and if there was no will, an administration, which is more costly and involved, may be necessary. For ease of reference, I will use the term probate to cover either procedure.

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Jul

15

2021

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What Is Involved In Setting Up A Living Trust

Posted by: Adair M. Buckner

Setting up a living trust is the best way to ensure your assets are passed onto the right people if you pass away. So how do you start the process?

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Apr

7

2021

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What Do I Do If A Loved One Dies Without A Will?

Posted by: Adair M. Buckner

When a loved one dies without a Will, you have two options: determination of heirship or Affidavit of Heirship. These are the steps involved in both proceedings, as well as best practices to follow.

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