Relief on Irrevocable Trust from Harris County Probate Court Affirmed

An irrevocable trust is a legal arrangement where the creator (settlor) of the trust transfers assets to another person or entity (trustee), while retaining the right to receive income generated by the trust and/or take possession of the trust property at a later date. If you are considering setting up an irrevocable trust, here’s a…

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Planning for Special Needs Trusts

Special needs trusts can provided additional resources for disabled minors and adults.  Special care has to be taken in planning for these trusts.  The recent Estate of Mendard, No. 14-18-00434-CV (Tex. App. — Houston [14th Dist.] 2019) provides an example.  It involves a special needs trust that ended up owning a house that the disabled beneficiary’s…

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Common Estate Planning Goals

Common Estate Planning Goals Estate planning is about you, the person who is alive and in control of property, and those who will eventually control and/or receive your property.  It is about your wishes and what will happen in the future. Having worked with clients to develop estate plans, there are some common basic goals…

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