Search Results

public charities that are in good standing with the IRS, so you can’t make gifts to split-interest trusts like a charitable remainder or charitable lead trust.

The Wills, Trusts & Estates Prof Blog reported on this case in “Unambiguous Will May Be Reformed Because Reference: Wills, Trusts & Estates Prof Blog (October 23, 2015) “Unambiguous Will May Be Reformed Because

However, the laws involving probate, property, trusts and estate taxes are different in each state.

An estate planning attorney can help evaluate if a trust is a better option all around.

The importance of protecting assets through trust can’t be overstated. We’ve often written about this in the context of the value trust creation delivers in terms of providing Third-party trusts might well be a factor in such cases. In the event of a divorce, it has been known for the assets of such trusts to become the focal point Under most conditions, trust money that is brought to a marriage by one spouse or the other tend to be

These days there may seem to be fewer reasons for establishing trusts. Setting up a trust, administered by a trustee, allows for greater control over asset distributions. A trust could receive third-party contributions that can help the special needs person. Another plus with trusts is that if they are properly structured, they can adapt. Tax and trust laws do change over time and a trust needs to have flexibility to change with them if necessary

In many cases, you may find that a more “traditional” special needs trust really meets your objectives

Protecting the Assets One of the things a living trust can do is designate a trustee to manage the funds Protecting the Heirs A living trust can also protect the beneficiaries from court costs. In fact, a living trust does not get included in the probate process at all. A living trust is less likely to be contested, mainly because the person creating the trust will often A living trust, on the other hand, is kept private.

This is a question that Houston trust lawyers work with clients to answer. The point is to let your trust lawyer in Houston know what cause or causes truly stir your passion. In order to do this appropriately, though, you will want to have your trust lawyer look into how to make To do this, an individual might ask the Houston trust lawyer to put together a trust. Instead of donating money directly to a particular organization or cause, it would go into this trust

As if losing a loved one is not hard enough, will and trust lawyers around the country have been seeing take this advice; and if you suspect there has been an identity theft, you may want to reach out to a trust Trust lawyers in Houston are advising family members on ways to protect the information of their deceased Trust lawyers in Houston do advise that fraudulent charges made by identity thieves are generally not

or less seen it all, yet things still come as a surprise to our clients when it comes to wills and trusts Trusts may protect you from this. 2. Even if you have a will, #1 applies. 3. If you do not have a will or trust, the courts will decide who gets your assets and even who becomes To ensure your pets and children have money when they need it, it is often best to create a trust to of trust will allow you to keep using your assets until you pass away.

conservatorship is granted, it may also be necessary to request that the courts suspend any acting agents and trustees You and your Houston estate planning lawyer or other attorney may determine that a trust petition is In these situations, you petition the court under trusts codes. Oftentimes, you may find that you need to go for both the conservatorship and the trust petition.