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Considerations when including a home in your estate plan

On behalf of Law Offices of William A. Pigg, PLLC | Feb 5, 2021 | Estate Planning

Texas homeowners often want to keep their properties in the family, passing them on to the next generation. This requires estate planning and strategy. Read on to learn more about the first steps to developing a plan for your home when you’re no longer around to...

Including your collections in your estate plan

On behalf of Law Offices of William A. Pigg, PLLC | Feb 5, 2021 | Estate Planning

If you are creating an estate plan in Texas, you might wonder what you should do about a set of collectibles, whether it is books, dolls, art, coins or something else. There are a number of things you should consider as you decide what will become of these items. Talk...

Estate planning: An important step for young families

On behalf of Law Offices of William A. Pigg, PLLC | Oct 6, 2020 | Estate Planning

New parents have a lot of tasks to think about, especially when it comes to the new baby. For some, the need to make sure the baby has everything necessary is the only priority in life. What these parents, and others, might not realize is that they need to think about...

What is a life insurance trust?

On behalf of Law Offices of William A. Pigg, PLLC | Sep 20, 2020 | Estate Planning

Creating an estate plan is a comprehensive event that helps to ensure that your loved ones receive the inheritance you intend them to enjoy. For some people, setting up a will is sufficient. Other individuals may decide that they want to do a little more. They may...

Estate planning helps you protect your vulnerable family members

On behalf of Law Offices of William A. Pigg, PLLC | Jul 20, 2020 | Estate Planning

Being a family often means having people depend on you for most, if not all, of their daily needs. If you are a parent, your children rely on you to provide them with food, shelter and guidance. If you are a spouse, your partner might rely on your income because they...

Using a trust is a good way to protect an inheritance

On behalf of Law Offices of William A. Pigg, PLLC | Jun 19, 2020 | Estate Planning

As you’ve gotten older, you’ve realized how much you want to leave an inheritance behind for your children. You’ve also realized that they aren’t as cautious with money or your assets as you’d like them to be. You don’t want to see all you’ve worked for spent, sold or...

Have you thought about succession planning for your business?

On behalf of Law Offices of William A. Pigg, PLLC | Apr 3, 2020 | Estate Planning

As someone who has created their own business or inherited and run a family business, you may have big plans about passing your company on to someone else. However, have you truly stopped to consider the qualifications and traits that will make someone successful in...

3 common reasons for people to use a trust in their estate plan

On behalf of Law Offices of William A. Pigg, PLLC | Mar 7, 2020 | Estate Planning

Trusts are misunderstood and underutilized legal tools that offer substantial protection for those planning their estate. Trusts create a separate legal entity whose sole focus is to administer and distribute specific assets and give you control over the way your...

What Happens if I Die Without a Will?

On behalf of Law Offices of William A. Pigg, PLLC | Aug 26, 2019 | Estate Planning

If you die “intestate” (without a will), Texas law dictates who gets your stuff. If you die with: Here’s what happens: children but no spouse children inherit everything spouse but no children, parents, or siblings spouse inherits everything parents...

Last Will and Testament: The Problem With Codicils

On behalf of Law Offices of William A. Pigg, PLLC | Aug 19, 2019 | Estate Planning

When seeking to modify a provision of a will, people often add a codicil instead of drafting a new will.  Unless you’re very careful, a codicil can actually nullify the very provision you want to change! What is a Codicil? A codicil is a legal document that...
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Recent Posts

  • Do you need an attorney when you start a business?
  • The importance of a succession plan for your business
  • Considerations when including a home in your estate plan
  • Including your collections in your estate plan
  • How are assets divided in a Texas divorce?

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