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  • Home
  • About Us
    • Gratia Schoemakers
      • Community Outreach Program
    • Testimonials
  • Virtual Services
  • Estate Planning
    • Estate Planning Basics
    • Last Will and Testament
    • Revocable Living Trusts
    • Durable Power of Attorney
    • Medical Power of Attorney
    • Living Will
    • Family Estate Planning
    • LGBTQ Estate Planning & Asset Protection
    • Kids Safety Plan™
    • Business Succession Planning
    • Guardianship
      • Guardianship Planning
    • Special Needs Planning
    • Legacy Preservation Planning
    • Asset Protection
    • Trusts
    • Pet Trusts
    • Gun Trusts
  • Probate
    • Texas Probate Guide
    • Probate of a Will
    • Texas Affidavit of Heirship
    • Texas Small Estate Affidavit
    • Texas Heirship Determination
    • Texas Muniment of Title
    • Trust Administration
  • Family Law
    • Divorce
    • Collaborative Divorce
    • Mediation
    • Custody / Visitation
  • Blog
  • FAQs
    • FAQs – Videos
    • FAQs – Estate Planning
    • FAQs – Beyond Money in Estate Planning
    • FAQs – Divorce and Estate Planning FAQs and Myths
    • FAQs – Estate Planning for Newlyweds Myths and FAQs
    • FAQs – Estate Planning for Young Adults
    • FAQs – The Estate Planning Cast of Characters
    • FAQs – Expecting an Inheritance
    • FAQs – Myths and FAQs – Planning for Conflict Prone Families
    • FAQs – New and Expanding Families
    • FAQs – Pet Trusts
    • FAQs – Probate
    • FAQs – Standalone Retirement Trust Myths and FAQs
    • FAQs – Trust Modifications
    • FAQs – Unwinding Obsolete Planning
    • FAQs – Why You Want to Avoid Probate
    • FAQs – Year-End Planning Myths and FAQs
  • Contact
    • Virtual Estate Planning Login
    • Client Portal

Asset Protection

Wills vs. Trusts: A Quick & Simple Reference Guide

July 5, 2022 By Gratia P. Schoemakers, Esq.

Wills vs. trusts

Confused about the differences between wills and trusts?  If so, you’re not alone.  While it’s always wise to contact experts like us, it’s also important to understand the basics.  Here’s a quick and simple reference guide: What Revocable Living Trusts Can Do – That Wills Can’t What Wills Can Do – That Revocable Living Trusts […]

Filed Under: Estate Planning, Trusts, Wills Tagged With: Asset Protection, Living Trust, Privacy, Probate, Revocable Trust, Will, Will vs Trust

3 Asset Protection Tips You Can Use Now

July 16, 2018 By Gratia P. Schoemakers, Esq.

A common misconception is that only wealthy families and people in high risk professions need to put together 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 will decimate your finances. Below are three tips […]

Filed Under: Estate Planning Tagged With: Asset Protection, Planning

How You Can Build an Estate Plan That Includes Asset Protection

March 21, 2017 By Gratia P. Schoemakers, Esq.

Much of estate planning has to do with the way a person’s assets will be distributed upon their death.  But that’s only the tip of the iceberg.  From smart incapacity planning to diligent probate avoidance, there is a lot that goes into crafting a comprehensive estate plan.  One important factor to consider is asset protection. […]

Filed Under: Divorce, Estate Planning Tagged With: Asset Protection, Bankruptcy, Creditors, LLC

Michael Jackson’s Estate Pulled Into Seemingly Endless Probate Court Battles

August 18, 2016 By Gratia P. Schoemakers, Esq.

Michael Jackson, the “King of Pop,” had always been a controversial superstar. Over the years, he became the father of three children, Prince Michael Jackson II, Paris-Michael Katherine Jackson, and Michael Joseph Jackson, Jr.  While Jackson created a trust to care for his children and other family and friends, he never actually funded it. The result? Embarrassing […]

Filed Under: Estate Planning Tagged With: Asset Protection, Celebrities, Mistakes, Privacy, Probate, Probate Court, Trust

Financial Smarts Peak At 50, Here’s How to Protect Your Older Self

November 16, 2015 By Gratia P. Schoemakers, Esq.

A recent study conducted by Texas Tech University concluded that the ability to make smart financial decisions peaks at age 50.  This decline was observed in both men and women, making both sexes equally vulnerable to financial fraud as they age. 4 Tips for Protecting Your Finances From Scams, Shams and Schemes as You Age […]

Filed Under: Estate Planning, Retirement Tagged With: Asset Protection

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