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Family Limited Partnerships Explained
For families with large communal assets – either in real estate or in a family business – Family Limited Partnerships (FLPs) can be invaluable tools for managing money and property. Even in the most congenial family relationships, communications…
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Tips from a Clear Lake Estate Planning Attorney on Your Second Marriage and Children
Our clients often come to our Clear Lake estate planning attorney with concerns about property division after a second marriage. For example, if you have children from a prior relationship, and you pass away before your new spouse, he or she could ma…
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Categories: Estate Planning
Trusts Explained by a Clear Lakes Trusts Lawyer
Your Clear Lake trusts lawyer will be able to explain how trusts work and why they may be beneficial to your estate. Trusts are a multi-purpose financial tool that is often used to supplement or replace a Will. In many cases, a trust can be used to m…
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Categories: Estate Planning
Clear Lake Trusts Lawyer Explains Irrevocable Life Insurance Trust
If you are interested in learning more about setting up an irrevocable life insurance trust, read the following then contact your local Clear Lake trusts lawyer for a consultation. Many people hold life insurance policies on themselves. However, what…
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Categories: Estate Planning
Clear Lake Estate Planning Lawyer Discusses Trusts for Asset Protection
Our Clear Lake estate planning lawyer from Badeaux & Associates understands that people with significant assets are all generally concerned about the best method to protect their valuable property from a potential lawsuit that could result in att…
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Categories: Estate Planning
