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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

Revocable Trust

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

Updating Your Revocable Trust

May 23, 2022 By Gratia P. Schoemakers, Esq.

Revocable Trust

How Many “Tweaks” Are Too Many? If your life or the law has changed since you signed your trust, it needs to be updated. Updates can be made by way of an amendment – or – a complete restatement. An amendment updates a specific part of the trust, whereas, a restatement, updates the entire trust. […]

Filed Under: Estate Planning, Trusts Tagged With: Revocable Trust, Update

Organizing for Tax (and Estate Planning) Season

February 11, 2021 By Gratia P. Schoemakers, Esq.

estate planning season

It’s the start of a new year, which means tax season — and this year’s April 15th IRS filing deadline — is just around the corner.  Soon you’ll be receiving tax forms such as your W-2 or 1099s, and you’ll start thinking about the life events that could affect your taxes in various ways. This […]

Filed Under: Estate Planning, Home/Property Ownership, Retirement Tagged With: Living Trust, Living Will, Revocable Trust, Taxes

Revocable Trust vs. Irrevocable Trust: Which Is Best for You?

November 13, 2020 By Gratia P. Schoemakers, Esq.

travel 1756149

Trusts allow you to avoid probate, minimize taxes, provide organization, maintain control, and provide for yourself and your heirs.  In its most simple terms, a trust is a book of instructions wherein you tell your people what to do, when. While there are many types of trusts, the major distinction between trusts is whether they […]

Filed Under: Estate Planning, Trusts Tagged With: Revocable Trust

The Top 2 Ways the Court Gets Involved in Your Estate, and How to Avoid Them

January 28, 2020 By Gratia P. Schoemakers, Esq.

court involvement

No one wants unnecessary court involvement in their life. But without careful and proactive estate planning, chances are that some aspect of your estate will end up being decided there. Here are two of the most common ways court proceedings can make their way into the management and distribution of your assets, along with the […]

Filed Under: Estate Planning, Guardianship, wwPROBATE Tagged With: Probate, Probate Court, Revocable Trust

Trusts – The Swiss Army Knife of Estate Planning

September 17, 2019 By Gratia P. Schoemakers, Esq.

Swiss Army Knife

To the general public, a trust may seem like an advanced tool only for the wealthiest among us. But, the reality is that trusts are a foundational estate planning tool with a solid history for being highly effective in ensuring a person’s wishes are carried out. The process begins with the maker of a trust […]

Filed Under: Estate Planning Tagged With: Living Trust, Revocable Trust

Why a Trust Is the Best Option for Avoiding Probate

September 3, 2019 By Gratia P. Schoemakers, Esq.

Order not Chaos

As Ambrose Bierce once darkly observed, “Death is not the end. There remains the litigation over the estate.” Obviously, ideally, when someone passes away, the paperwork and material concerns associated with the estate are so flawlessly handled (thanks to excellent preparation) that they fade into the background, allowing the family to grieve and remember in […]

Filed Under: Estate Planning Tagged With: Living Trust, Revocable Trust

Is a Revocable Living Trust Right for You?

June 4, 2018 By Gratia P. Schoemakers, Esq.

Revocable Living Trusts have become the basic building block of estate plans for people of all ages, personal backgrounds, and financial situations.  But for some, a Revocable Living Trust may not be necessary to achieve their estate planning goals or may even be detrimental to achieving those goals. What Are the Advantages of a Revocable […]

Filed Under: Estate Planning Tagged With: Living Trust, Revocable Trust

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