I. Introduction• Purpose: Explanation of a streamlined estate plan designed to avoid probate without using a trust.• Key Benefits: Minimizes court involvement, simplifies asset transfer, reduces costs, and ensures faster distribution of assets.• Limitations: Not ideal for complex family situations, larger estates, or beneficiaries with special needs or disabilities. II. Core Components of the PlanA. […]
How Do I Create a Last Will and Testament or Revocable Living Trust? A Last Will or Trust is a critical part of any comprehensive estate plan. Unfortunately, the internet is flooded with conflicting information—some helpful, but much of it misleading or outright incorrect. This confusion often causes people to delay action or, worse, rely […]
When passing on oil and gas interests, what is the best method? An inheritance of a minerals interest can be handled in various ways. What is best depends on you and your family's needs.
