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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

Will

Wills, Trusts & Dying Intestate: How They Differ

August 16, 2022 By Gratia P. Schoemakers, Esq.

Wills, trusts & dying intestate

Most people understand that having some sort of an estate plan is, as Martha Stewart would say, a “good thing.” However, many of us don’t take the steps to get that estate plan in place because we don’t understand the nuances between wills and trusts – and dying without either. Here’s what will generally happen […]

Filed Under: Design, Estate Planning, Trusts, Wills, wwPROBATE Tagged With: Adult Children, Dying Intestate, No Will, Privacy, Trust, Will, Will vs 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

Did Whitney Houston Leave Too Much Money To Bobbi Kristina?

April 25, 2022 By Gratia P. Schoemakers, Esq.

Whitney Houston

Whitney Houston’s estate was worth approximately $20 million when she died – plenty to meet the needs of her only daughter – Bobbi Kristina.  Sadly, only a few years after Houston’s death, Bobbi Kristina died as well.   Although Bobbi Kristina’s previous boyfriend, Nick Gordon, is still a suspect in her murder, many say that having […]

Filed Under: Estate Planning, Trusts, Wills Tagged With: Celebrities, Estate Plan, Will

Parental Warning: If You Own Your Property This Way, You May Accidentally Disinherit Your Own Children

March 8, 2019 By Gratia P. Schoemakers, Esq.

Error

Owning property as Joint Tenants with Right of Survivorship is easy, common, and often disastrous.  Sadly, children – both minor and adult – are often disinherited. While there are several forms of joint ownership, the one most people use (and the one considered in this discussion) is called “Joint Ownership with Right of Survivorship.” When […]

Filed Under: Estate Planning, Home/Property Ownership Tagged With: Adult Children, Children, Disinheriting, Minor Children, Probate, Trust, Will

What Estate Planning Awareness Means For You

October 15, 2018 By Gratia P. Schoemakers, Esq.

The third week of October is National Estate Planning Awareness Week (Oct. 15-21, 2018). Estate planning is important for everyone regardless of wealth or family status because if you become incapacity or pass away without an estate plan, you are leaving the distribution of your assets subject to state law – and the results may […]

Filed Under: Design, Estate Planning Tagged With: Children, Minor Children, Pets, Trust, Will

Did You Include Your Grandkids in Your Will?

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

Did you include your grandkids in your will?  5 Tips to Avoid Common Problems As we build wealth, we naturally desire to pass that financial stability to our offspring. With the grandkids, especially, we often share a special bond that makes us want to provide well for their future. However, that bond can actually turn […]

Filed Under: Estate Planning Tagged With: Grandchildren, Will

Why a Spendthrift Trust Can Be a Great Solution for Your Heirs

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

There are many tools that can be used when putting together your estate plan.  One such tool is a trust. A trust is a fiduciary arrangement, established by a grantor or trustmaker, which gives a third party (known as a trustee) the authority to manage assets on behalf of one or more persons (known as […]

Filed Under: Estate Planning Tagged With: Creditors, Inheritance, Spendthrift Trust, Taxes, Trust, Will

Planning for the Future Without a Crystal Ball

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

Planning for the Future (Without a Crystal Ball) Creating a will, trust, or any type of estate plan has always involved dealing with an uncertain future.  Consider that just 20 years ago in 1997, the estate tax had an astonishing 55% rate with only a $600,000 exemption.  Back then, tax-driven estate planning was a mathematical […]

Filed Under: Estate Planning Tagged With: Estate Plan, Future, Planning, Trust, Will

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