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What Benefits and Disadvantages Do Trusts Offer in Estate Planning?

A trust is a contract where the grantor (the person who sets up the trust) puts their assets in the trust, and the trustee is in charge of the trust. Most of the time, the grantors and trustees are the…
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How to Include NFTs in Your Estate Plans

There has been a lot of discussion in the news lately about NFTs. Short for “non-fungible token,” the term refers to digital assets that can’t be replaced with something else – even something of equal value. While you might be…
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Guarding Your Estate Plans Against the Impact of Inflation

It seems the word “inflation” is on everyone’s lips these days. While some experts believe our current inflation trends are the temporary result of pent-up pandemic demands, others worry we are on a trajectory of inflation that could last years.…
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Make Retirement More Fun with Estate Planning

The words “fun” and “estate planning” are not typically used in the same sentence. Most people see estate planning as a chore to muddle through. While choosing beneficiaries and thinking about end-of-life care is certainly nobody’s idea of a good…
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Are My Retirement Assets Protected From Creditors?

Texas offers excellent creditor protection compared to other states. Our Texas bankruptcy laws are better than the federal ones when it comes to protections, but retirement is protected even under the federal program. Until recently, retirement benefits were not protected…
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Planning for the Worst: Estate Advice for Simultaneous Deaths

A lot of assumptions go into creating wills. After all, drawing up plans to distribute your assets to your partner, children, or other loved ones hinges on the presumption that you will be the first to pass. Unfortunately, though, accidents…
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Family Feud: Why Siblings Fight After the Passing of a Parent

The passing of a parent is never easy. Each individual family member is forced to contend with the loss of the relationship they had with their mother or father, and the family unit may be impacted. Too often, at a…
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College Funding 101

Planning for your children’s or grandchildren’s college expenses is simple in theory. In execution, though, the process is often complex and confusing. Allow one simple principle to guide your plans: the earlier you begin saving, the more your money can…
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Estate Planning Tips for Blended Families

Today’s modern family often looks a little different than it once did. While the nuclear family once meant two parents and their children, things are more blended these days. As people get married, divorced, and remarried, they often wonder about…
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How President Biden’s Proposed Tax Plan Could Impact Your Estate

 This spring, President Joe Biden outlined a new infrastructure plan and American Families Plan to the tune of $4 trillion. In keeping with campaign promises, he plans to pay for these plans by raising taxes on corporations and Americans with…
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