Michalk, Beatty & Alcozer, L.P.

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estate planning Archives

Does sibling rivalry have you concerned about estate planning?

Like most Texas parents, you love each of your children fully. Of course, you may not love the way that they have bickered and fought their entire lives. You may have pictured your children being the best of friends, but that did not turn out to be the case as sibling rivalry continued to get the best of them.

A spendthrift trust can control the spending of heirs

You spent a significant part of your life working to earn money. Perhaps you saved and invested so that you would have a little something-or a lot of something-to leave to your children. Like many in Texas who have this dream, it may give you joy to think of your children and grandchildren benefiting from your hard work and sacrifices. You may be ready to create an estate plan that will allow them to reap those benefits.

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