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6 Steps for Lifetime Asset Protection Trusts

6 Steps for Lifetime Asset Protection Trusts

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...

A/B Trusts & Clayton QTIP Estate Planning

A/B Trusts & Clayton QTIP 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...

Can you get a “pre-nup” in marriage?

Can you get a “pre-nup” in marriage?

Legally, no. You are not able to sign a Pre-Nuptial Agreement after you have gotten married, but you are able to sign a Post-Marital Agreement that does roughly the same thing. Texas courts will accept a Post-Marital Agreement if the couple hires an attorney to draft...

What should I do after a car accident?

What should I do after a car accident?

What to do after being in a car accident? Car accidents are scary and frustrating! As a driver, you can do everything right and still end up in an accident due to another driver’s actions. This usually includes damage to your car and damage to your body. It causes...

What happens to the house after divorce?

What happens to the house after divorce?

One of the biggest concerns my clients have is regarding their property and debt accumulated during the marriage. Financial issues are a common cause of divorce and the fear that you will lose the house or end up with a lot of debt from divorce prevents a lot of...

How Long Does a Divorce Take?

How Long Does a Divorce Take?

How long does a divorce take? Many people wonder how long it will take get a divorce once they have finally decided that it is time to get a divorce. The main determining factor of how long a divorce can take is whether it is an uncontested divorce or a contested...

Common Divorce Questions

Common Divorce Questions

Basic Divorce Questions and Answers 1. What is a divorce? Divorce is the legal process that ends the institution of marriage between two people. 2. Who needs a divorce? Anyone who is married and would like to be officially and legally disconnected from their spouse....

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