Texas highways are awash in tractor-trailers and other large commercial vehicles at all times, and it is easy to get caught up in traffic when they are near. No passenger car or SUV is a physical match for a big rig when an accident occurs, which means that lives are...
Trust
Experience.
Month: October 2022
What is subject to estate taxes?
To figure federal estate taxes at the time of your death, the trustee will first need to determine the fair market value of all your assets, which is your gross assets. Then, they will subtract allowable deductions and allowances for gifts made since 1977 to arrive at...
Why planning your estate now saves your family from frustration
Planning your estate in Texas before you reach an advanced age is one of the best things you can do for the loved ones you'll leave behind when you pass and for your peace of mind. Estate planning is especially if you're remarried and have children because things can...
Opting for transfer-on-death accounts
Estate planning could involve steps that minimize the duties and stress on beneficiaries. Setting up transfer on death designations could help Texas estate planners achieve such goals. Transfer on death accounts explained Essentially, when one person owns an asset,...