Trusts - Hegwood Law Group

Who Is Legally Able to Contest a Will or an Estate in Texas?

In Texas, only those who have “standing” can contest a will or estate. This means beneficiaries and heirs can contest a will, as well as any person or company that owns a portion of the property that is passing through…

Why You Should Have an Estate Plan

One way to ensure that your assets go to the people you want is to have a comprehensive estate plan to spell out your wishes and intentions. A well thought out estate plan will outline your wishes for your beneficiaries…

Biggest Estate Planning Stories

Mistakes can easily be made during estate planning. Hearing about other’s mishaps might help you learn from them and avoid them later. Here are some important estate planning stories that may help you avoid conflicts in the future. Michael Jackson:…

What Is the Difference Between a Trust and an LLC?

Trusts and limited liability companies (LLCs) are both legal vehicles that can be used to manage and protect assets, minimize taxation, and avoid probate. Whether a trust or an LLC is a better choice may depend on the type of…

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…

Your Simple – Yet Comprehensive – Guide to Estate Planning

Each year, millions of Americans dismiss estate planning efforts because they believe it is too complicated. While crafting estate plans can be confusing at first, the process can be simplified when you are working with the right team. Understanding the…

Your Quick Guide to Trusts and the Benefits of Having One

Many people assume having a last will and testament is the centerpiece of any satisfactory estate plan. While they certainly have their benefits, having a will is far from the only piece of planning to consider. Trusts, in fact, offer…

Legal Lingo: What’s The Difference Between A Revocable And An Irrevocable Trust?

Talking with some attorneys about your end of life plans can be like trying to communicate with someone from a different planet. Latin phrases and acronyms get thrown around to impress you, or to justify their prices. And nobody seems…

What Are the Advantages of A Retirement Trust?

Saving for retirement is often a delicate topic for many people. Whether they are worried about when to save, how much to save, or how to save, this is one topic that often has many people perplexed about their future.…

Trusts Can Protect Your Heirs from Themselves

Making plans to give your heirs a financial inheritance can be an overwhelming process for any individual. While most people want to make sure their heirs are well taken care of, there are always concerns with giving a family member,…