Tag Archives: taxes

Do You Know Your Probate Terminology?

The Dallas Morning News had a great column this week written by Virginia Hammerle on terms heard when talking about probate.  I am reprinting below that entire article. Cracking the code The special language of probate LEGAL TALK TEXAS At … Continue reading

Posted in Debts, Estate Tax, Income Tax, Inheritance, Probate, Tax, Wills | Tagged , , , , , , | Comments Off

Biggest Mistakes Executors Make

An article published in the Wall Street Journal earlier this year caught my eye.  It is particularly relevant to those who are serving or have been designated in friends’ or family members’ wills, but it is also important for those … Continue reading

Posted in Debts, Estate Planning, Inheritance, IRS, Probate, Wills | Tagged , , , | Comments Off

How to Select Your Trustee

Selecting a trustee is not something to take lightly.  This individual, group of individuals or entity has very important duties and can be subject to liability if they are not carried out properly.  They will oversee your treasured possessions for … Continue reading

Posted in Estate Planning, Financial Planning, Trusts, Wills | Tagged , , , , , | Comments Off

Update Your Will

You should read your will at least every few years to make sure it is current. It is amazing how many people think they designated one person to serve as executor only to discover they designated someone who they now … Continue reading

Posted in Beneficiary designation, Estate Planning, Estate Tax, Gift Tax, Income Tax, Wills | Tagged , , , , , , , | Comments Off