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Livens & Reed, PLLC

Posts tagged "tax implications"

Texas grantors may learn from actor's estate planning mistake

Paul Walker is known for starring in the popular "Fast and Furious" movies. He did the right thing when he created an estate plan at only 28 years old. Since his sudden death in a tragic car accident at only 40 years old, his will revealed that he included his teenage daughter. As proactive as he was with estate planning, it's argued that he may have needed to update his will and Texas residents may be able to learn from this.

Texas estate planning: Prepare to tax changes

The end of the year is coming and it's a perfect time for those who have assets to appoint beneficiaries and keep up-to-date on new laws. Estate planning plays a vital role in the future of Texas consumer's assets. For those who already have a plan in place, it can be important to review and update pertinent information in regard to tax changes.

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