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IRS Adopts New Procedure That Makes It Easier For Surviving Spouse To Pass On Greater Wealth Without Paying Estate Tax

Posted by John ("Terry") Brennan | Jul 15, 2022 | 0 Comments

            When estate planning, federal estate tax tends to be either a big problem or not a problem at all. This is due to the sizable exemption that the law offers. Each person in the US receives a $12.06 million exemption, which they can use to make gifts of money or property free of federal...

Texas Property Law: What You Need To Know

Posted by John ("Terry") Brennan | Apr 15, 2022 | 0 Comments

Estate planning looks a little different in every state. For instance, many states do not allow handwritten wills at all, or else only allow them for active-duty members of the military. However, some states, including Texas, will sometimes allow handwritten (or holographic) wills under certain c...

Estate Planning – What’s The Point?

Posted by John ("Terry") Brennan | Feb 01, 2022 | 0 Comments

In April 2016, the world-famous singer known as Prince passed away, leaving hundreds of millions of dollars of money, property, instruments, and more. His family was shocked to discover that he had died without a will, leaving the court to determine to whom Prince's fortune belonged. There was no...

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