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Texas Probate

How to Prepare for Sunsetting Estate Tax Exemptions Before 2026

How to Prepare for Sunsetting Estate Tax Exemptions Before 2026 - Austin Estate Planning Attorneys

In Less Than 19 Months, Estate Tax Exemptions Will Likely Change. Are You Ready?

Millions in estate tax exemptions could vanish forever on Jan. 1, 2026. With that, you could lose potential opportunities to mitigate certain estate tax obligations. You may also be unknowingly subjected to higher estate tax rates if you haven’t put the right plans in place before these changes occur. 

To avoid these consequences, here are:

This 3-minute guide shares some simple, yet powerful, strategies for getting your estate ready for major tax law changes coming soon while there’s still time to put judicious plans in place. 

Whenever you’re ready for more information or personalized counsel and solutions, simply contact TAW Law Texas

A Small Business Owner’s Guide to Texas Trusts 

A Small Business Owner’s Guide to Texas Trusts | TAW Law TX

Discover What Types of Trusts Are Better Suited for Different Types of Businesses & Objectives

Trusts can be indispensable tools for forward-thinking small business owners. Across nearly every industry, trusts for small businesses in Texas can be highly effective devices for asset protection, succession planning, retirement income strategizing, estate tax mitigation, and so much more. 

That may mean that some small business owners can benefit from setting up multiple trusts, all with unique objectives. That doesn’t, however, narrow down the options or point you in the right direction when it’s time to set up a trust for your small business in Texas.

To help you with that, this guide on trusts for Texas small businesses shares more on: 

This guide can walk you through the various options for small business trusts, explaining how each device works, the potential benefits, and the types of small businesses that could benefit from them. 

What If You Could Put Your Biggest Estate Planning Fears Behind You?

Todd A. Wilson - Estate Planning Lawyer

You Can Silence Your Biggest Estate Planning Concerns with Confidence. Here’s How.

When you think about estate planning and your will, what scares or worries you the most

If you’re like most Americans, you have at least one answer to that question — and facing your mortality isn’t necessarily at the top of the list. 

In fact, more often than not these days, estate planning fears are related to nuanced situations, complicated concerns, and ever-evolving uncertainties that can be tricky to navigate. 

For many, that’s enough reason to avoid estate planning entirely. For others, fears or anxieties keep them from taking a fresh look at a will or estate plan they created years ago. 

Either way, that can feed into more estate planning worries, and it can end up making people’s worst estate planning fears eventually come true. 

Here’s why, with a closer look at: 

This guide can help you identify and start working through your estate planning fears while also introducing you to some powerful strategies for keeping them at bay for the long term. 

Your IDGT Guide: How to Strategically Use IDGTs Before 2026

Your IDGT Guide: How to Strategically Use IDGTs Before 2026 | Estate Planning Lawyer in Austin, TX

Discover How IDGTs Are Helping Some Folks Prepare for Changing Estate Tax Exemptions

Intentionally defective grantor trusts (IDGTs) can be highly effective in preserving, maximizing, and transferring certain assets — especially if you set an IDGT up before Jan. 1, 2026. That’s when lifetime estate tax exemptions could drop drastically, taking millions in available exclusions off the table if federal laws don’t change before Dec. 31, 2025.  

With the clock counting down and limited time to take action, there may be no better time than right now to consider an intentionally defective grantor trust. 

To help with that, check out these IDGT FAQs, with concise answers from top estate planning lawyers in Austin, TX:

Estate Tax Exemptions Set to Drop by 50% in 2026: Are You Ready?

Estate Tax Exemptions to Drop by 50% in 2026: Are You Ready? | Austin Estate Planning Attorney

Many More People Will Owe Estate Taxes Upon Death Without Appropriate Planning

Your estate plan may not be as buttoned up or airtight as you think. In fact, it could be vulnerable to greater estate tax liabilities than you thought IF you planned around certain exemptions that are set to expire in 2026. 

Those sunsetting laws will drastically change federal estate tax exemptions if no new legislation is passed between now and Jan. 1, 2026. 

Is your estate plan ready for these changes? 

Do you need to devise or revise an estate plan now in anticipation of the expiring estate tax exemptions?

Let’s start answering those questions by looking at:   

Community v. Separate Property in Texas Probate & Estate Planning

Community v Separate Property in Texas Probate

When a Spouse Dies in TX, Here’s What Happens to Community v. Separate Property

Widows and widowers in Texas don’t necessarily inherit everything when their spouse passes away. In fact, surviving spouses may — or may not — be legally entitled to various assets, depending on the nature of the community versus separate property, whether the deceased spouse left behind a valid will, and other factors. 

While that can raise some complex and challenging issues in and outside of Texas probate, it doesn’t have to be confusing, especially for those who understand the following:

 

3 Ways to Force Estate Distributions in Texas

3 Ways to Force Estate Distributions in Texas - Austin Probate Attorney

When It’s Time to Force a Distribution from an Estate in TX, Here’s What You Need to Do

Probate and inheritance can raise thorny issues, especially when assets enter the picture and interested parties disagree on the next steps. In fact, although probate is the process of validating the will and distributing the assets of the estate, those involved in the process can have some very earnest and imperative reasons to seek partial distributions from an estate before the process is over. 

Here’s why, with a closer look at: