by jeanie | Apr 23, 2023 | Estate Planning
Caroline and Connor Morrison were loving parents to three young boys. However, in June 2010, their lives were tragically cut short in a car accident. While their sons survived the accident, Caroline and Connor did not. This was just the beginning of a difficult...
by jeanie | Apr 23, 2023 | Estate Planning
There was a family of three. The mother had two children, a son Adam and a daughter Ada. They lived happy life together and didn’t really worry about the future. They assumed that things would fall into place naturally. Dementia Unfortunately, one day, the...
by jeanie | Apr 23, 2023 | Estate Planning
The Inheritance Christine, David, and Justin inherited $400,000 each from their father after his death. Unfortunately, their father’s poor planning led to unexpected consequences. Their father made a simple plan which lacked extra protections. Under his plan,...
by jeanie | Apr 23, 2023 | Estate Planning
True Story When my son Bob was only 3 years old, I was out to dinner one night with my husband. That was in 2020. As we were eating, it occurred to me that my baby boy was home with a 16-year-old babysitter, While l had created an estate plan, I realized that if...
by jeanie | Apr 23, 2023 | Estate Planning, Law Blogs
WHTA’S A/B TRUST? WHAT’S CLAYTON QTIP? A/B trusts and Clayton QTIP are estate planning tools that can help couples reduce estate taxes and preserve their assets for their heirs. Here is an overview of each trust: A/B Trust: An A/B trust, also known as a bypass trust...
by jeanie | Apr 17, 2023 | Estate Planning
Struggle Without Estate Planning – Emily and Her Father’s Story Emily lives with her father. Their family is not particularly rich and doesn’t have many assets. Emily’s father was hospitalized following a car accident and is incapacitated. Because Emily’s...
by springdalelaw | Mar 6, 2023 | Estate Planning
Help Your Loved Ones with an Estate Planning Expert Everyone in the U.S. has health insurance, rental insurance, and car insurance but rarely have estate planning. We have health insurance not because we will see doctors tomorrow, that’s called insurance....
by springdalelaw | Mar 6, 2023 | Estate Planning
What is a Lifetime Asset Protection Trust? A lifetime asset protection trust (LAPT) is a type of irrevocable trust that is used as an estate planning tool to protect assets from potential creditors while allowing the grantor (the person who establishes the trust) to...
by springdalelaw | Mar 6, 2023 | Estate Planning
A/B trusts and Clayton QTIP are estate planning tools that can help couples reduce estate taxes and preserve their assets for their heirs. Here is an overview of each trust: A/B Trust: An A/B trust, also known as a bypass trust or a credit shelter trust, is a...
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by springdalelaw | Dec 22, 2021 | Divorce, Law Blogs, Marriage
Alimony is called spousal maintenance in Texas and courts don’t really want to award spousal maintenance in most cases. There are only a few instances when a court in Texas will award spousal support and it will always be for a set amount of time and for a set amount...
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