You can’t take them with you, obviously. But under certain circumstances, you can transfer them to your heirs. Unfortunately, the rules vary widely from carrier to carrier. (Hotels have policies that are more similar to one another’s.) It’s important to know that all carriers consider miles to be property of the airline, not of the […]
The Obergefell decision of 2015, which legalized gay marriage in all 50 states including Texas, greatly impacted estate planning for same-sex couples. Married gay couples are now able to take advantage of the estate planning techniques that had previously only been available to heterosexual married couples. However, despite the change in the law, a smaller […]
A common misconception is that only wealthy families and people in high-risk professions need to have an asset protection plan. But in reality, anyone can be sued. A car accident, foreclosure, unpaid medical bills, or an injured tenant can result in a monetary judgment that may decimate your finances, leaving you with far less to […]
Many people believe that once they set up a revocable living trust and transfer assets into the trust, those assets are protected from lawsuits. This is absolutely not true. While Trusts commonly provide asset protection for beneficiaries, few trusts protect assets owned by the person who created the trust. No Immediate Asset Protection? Why Should […]
