Why The Community Property and Separate Property Distinction Matters in Texas Estate Planning When it comes to estate planning in Texas , understanding the distinction between community property and separate property is essential. Texas is one of only nine states in the U.S. that recognize the concept of community property and is therefore considered a community property state. This significantly impacts the way property is owned and controlled during marriage and its distrib

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Anyone who lives or owns property in Texas should seriously consider making an estate plan. Here are just a few reasons why.

Aretha Franklin. Pablo Picasso. Prince. Howard Hughes. What do these people have in common, aside from being famous? They all died...

Most Texans probably don’t believe they need a will. They think things like “I don’t care what happens to my stuff after I die;” “I’ve already told my family what I want done with my possessions;” “I don’t have enough money to worry about a will.” Or, my personal favorite, “I’m too young to worry about that kind of thing.” And Texans aren’t alone – one recent survey from the AARP estimated 60% of Americans don’t have a will. But, most Texans (and Americans) are wrong. Almost