It might be every hardworking Texas resident’s dream to create generational wealth that will keep their family supported for years to come. Even if you’re a millionaire, it still takes careful planning to create substantial generational wealth that will last beyond...
Cleburne Legal Blog
How long does the probate process take?
If you recently lost your mom or dad, you now may be in charge of settling their estate. You might feel overwhelmed by this task. You know the process may be complicated. You also know that the probate process can be lengthy. So how long exactly will probate take?...
3 vital estate planning documents you need
Estate planning is a way to ensure your wishes come to fruition even when you are no longer able to carry them out or supervise their fulfillment. Yet, according to InvestmentNews, in 2017 only 36% of parents with minor children and 42% of adults in general in the...
4 signs your father’s will may not reflect his true wishes
If your father drafted a will before he died, he had more of an estate plan than most. In fact, according to a recent study, nearly 70% of Americans do not have even a basic will. Still, whether you stand to inherit considerable wealth or nothing at all, you want to...
What is a special needs trust?
There are some valuable estate planning tools available to individuals who have disabled family members, friends or other loved ones. One of these, a special needs trust, goes hand-in-hand with means-tested government programs, such as Medicaid or Supplemental...
What happens if you die in Texas without a will and have a surviving spouse?
If you make no Last Will and Testament prior to your death, the state’s intestacy laws determine who inherits your estate and in what proportion. However, if you draft an enforceable will with the help of an estate planning attorney, you can determine exactly how you...
It may be time to review and modify your estate plan
There’s nothing like the feeling you get when you finally create a comprehensive estate plan. Even though it forced you to think about the future, you’re now in better position to protect both you and your loved ones (as well as your assets). However, there’s a big...
Do you need a family limited liability company?
If you are fortunate enough to enjoy a supportive, loving and friendly family dynamic, you may consider starting a business together. Perhaps you and your spouse have the type of relationship where you work well together and complement each other when it comes to...
Laying the foundation for your company’s future success
Every business is different, and what you will need to do to ensure your Texas company's success depends on what you hope to accomplish, the type of business you plan to start and multiple other factors. The choices you make during the business formation process will...
Does your single-member LLC really need an operating agreement?
Instead of operating as a sole proprietorship, you decided to take advantage of the personal protections of a limited liability company. Since you are the only member, you may not think you need an operating agreement.After all, aren't operating agreements meant to...
