Many people think that estate planning in Texas is for those who are wealthy because they look at it as solely about estate taxes. However, you should know that the need for estate planning applies to you regardless, even if you do not have a lot of money. Do not...
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Wells, Peyton, Greenberg & Hunt, L.L.P. Blogs
Take steps to preserve credit during a divorce
A Texas divorce is not in itself a fatal blow to a credit score. However, what happens during the divorce can curtail one's creditworthiness. Many have reported that their credit score has fallen by more than 50 points during their divorce. These impacts can be...
Transferring or selling estate assets after death
When people die in Texas, others will be tasked with disposing of their estates. The estate of a deceased person includes all of his or her real estate, personal property, and other assets. Before the assets of the estate can be sold or transferred, several things...
Having an estate plan is critical
Many Texas families try to avoid the topic of estate planning at all costs. Whether it is because of the complexity involved or they simply do not want to talk about mortality, they are often afraid to broach the topic. However, people do themselves a disservice when...
Studies look at link between education and divorce
Texas residents who have more education might be less likely to get a divorce than those who have less. Overall, divorce is on the decline, with millennials in particular driving down the rate. However, having less education and a lower income can put additional...
The basics of estate planning
Creating an estate plan may be one of the most difficult things that you do in your entire life. This is because you have to navigate both your emotions and Texas law when crafting it. However, there are some ways that you can make the process as easy as possible....
Concerns for business owners during divorce
The divorce process can be challenging for all Texas couples. However, even more complications can arise if one or both spouses own a private company. Some divorces have led to companies being sold or split up. In fact, many investors require a prenuptial or...