Dallas Elder Law Attorney

A recent IRS revenue ruling impacts the estate planning of some who have irrevocable trusts. Different types of irrevocable trusts are used to achieve various tax planning and public benefits planning goals are discussed.

5 options of where to keep your original will are discussed.

Aretha Franklin left 2 handwritten wills resulting in a legal battle between her children. Proper planning would have reduced risk over her desires (besides planning for less taxes, disability of a child, etc.)

Most states have a slayer statute. An ongoing murder case fit for TV is discussed along with laws that you cannot profit from murder.

Estate planning options for the beneficiary with an addiction or substance abuse problem are discussed.

Elder law and estate planning often intersect. This podcast examines spotting legal issues and then using both elder law and estate planning to solve the goals of the client.

1st Half: When there is no clarity on how personal property assets are distributed, there could be a battle between beneficiaries. In this case, over 70 years later.

2nd Half: Also discussed, a drug approval to help those in early stages of memory loss.

Examples of issues with assets passing with or without a will or trust, deeds, and beneficiary designations are discussed.

Many are unaware that extra powers in a financial power of attorney go beyond statutory language. It can be useful, but it is important that you trust your agent when giving broader powers.

Sometimes it is best to have a professional trustee or financial institution as a trustee. Sometimes it is best to have an individual or family member serve as trustee and sometimes it is best to have a combination to serve as co-trustees. This podcast discusses what should be thought about prior to choosing a trustee.