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Trusts

Joint vs. Contractual Wills in Texas: How Best Laid Plans Can Go Awry

Joint Wills vs. Contractual Wills in Texas | Austin Estate Planning Lawyer

When & Why Contractual Wills Are Used & How to Protect Your Interests as a Testator or Heir

Joint wills have been used for decades as a way for two parties to share one will when they have the same vision for their estate, fully agreeing on how to distribute their property. Better suited for simple estates with minimal beneficiaries, joint wills tend to come into play with spouses, domestic partners, and family members, particularly those looking for a seemingly easy way to simplify an estate plan and memorialize their wishes in a single document.

As straightforward as joint wills may appear on paper, the reality is they may not be the most prudent option for achieving testators’ shared objectives. In fact, with joint and contractual wills in Texas, specific limitations and distinct challenges can arise when it’s time to administer the will and enforce its terms. That can open up some disadvantages and unforeseen obstacles, some of which can spark contentious disputes in the future. 

Cryptocurrency & Blockchains in Estate Planning

Crypto & Blockchains in Estate Planning | Austin Estate Planning Lawyer

Key Considerations & Strategies for Digital Currency in Texas Estate Planning

Digital assets, like cryptocurrency, have proliferated wildly over the past decade or so, presenting exciting, yet risky, investing opportunities while raising complex new legal issues, particularly in the area of estate law. 

From tax liabilities and fiduciary responsibilities to accessibility and asset administration, digital currency requires unique considerations and prudent strategies to ensure its proper treatment in estate planning and administration in Texas.

Unpacking these intricate issues, this guide to cryptocurrency and blockchains in estate planning covers:

A Guide to Real Estate Privacy Trusts

Real Estate Privacy Trusts | Austin Trusts Lawyer | Law Office of Todd A. Wilson

How to Maintain Privacy & Protect Your Interests When You Own Property in Texas

Real estate privacy trusts (REPTs) can mask the individuals and businesses behind property transactions and real estate ownership in Texas, providing a powerful solution for maintaining anonymity in searchable, public records. Beyond the rich and famous, several parties can benefit from the privacy — and other advantages — provided by REPTs. 

Todd Wilson Attny answers questions about Privacy Trusts

To help you determine if this estate planning tool is right for you and your needs, this guide breaks down some key definitions, issues, benefits, and more, including: