Many clients ask, “How do I keep my house from going into probate when I die?” A Transfer on Death Deed (“TODD”) is one way to do this.
What is a TODD? In 2015, Texas enacted Chapter 114 of the Texas Estates Code, which created and authorized the TODD. Its main purpose is to allow
Many people complete their estate planning documents, place them in a safe/drawer, and never think about them again. It’s an understandable pattern, but estate planning requires maintenance just like your house, your car, and the rest of your valuable assets. So when should you review and update your will or trust?
In a perfect world,
Despite most people believing it’s important to have an estate plan, only about 40% of people actually get one.[1] There are a number of reasons that someone may not have gotten an estate plan but the idea that you do not need one because you do not have kids should not be one of