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If you’ve amassed significant assets during your lifetime, you likely want to preserve that wealth for future generations. However, depending on the kinds of assets you want to pass down, transferring wealth may result in a significant tax liability. Creating a trust might be the best way to maximize the tax efficiency of any transfer […]

There are many kinds of trusts, and most are useful estate planning tools. Generation-skipping trusts are a way for grantors (those who establish trusts) to preserve family wealth for future generations by “skipping” over the next generation. This strategy may help reduce overall tax liability, as the trust is only taxed once. However, generation-skipping trusts […]

Estate planning can be uncomfortable to think about. However, a carefully crafted estate plan is one of the greatest gifts you can give your loved ones. You don’t want your family to be left tying up loose ends and grappling with significant estate taxes once you’re gone. A strong estate plan often involves combining several strategies, […]

Trusts are useful because of their flexibility. There are very few trust provisions that a court will strike down. As a result, a trust lawyer can create a document that addresses issues specific to your situation. Spendthrift trusts were created to address some specific problems grantors historically faced during estate planning related to a beneficiary’s spending habits. This […]

Throughout the country, states have different ways of dealing with estate taxes. A common question our team of estate planning lawyers receive is, “Does Texas have an estate tax?” The answer is no, but that doesn’t mean that your property isn’t subject to a federal estate tax. It’s important to know what to expect from an estate […]

An effective tool in estate planning that can allow you to support your favorite charities while saving on taxes and generating income for yourself or your heirs is a charitable remainder trust (CRT). This type of trust can help you solidify your legacy while also offering you the ability to reap a number of benefits. At Hunter Sargent, PLLC, […]

Most people think of the traditional will when they imagine creating an estate plan. However, you have many other options when it comes to estate planning. Wills and trusts are two of the most common types of estate planning instruments, but many people don’t realize that you can effectively combine the two using something called a pour-over will.  […]

A last will is one of the most recognizable estate planning tools. If you want to give some of your assets to loved ones after your death, a will can help you do that. But what if you and your spouse want to leave your shared assets to children or family members? A joint will […]

When most people think about estate planning, they think of a last will and testament. And while a will can be a great estate planning tool, it’s far from the only tool available. Revocable living trusts can help your loved ones avoid the expensive, time-consuming public probate process. They also offer you the best of […]

No one likes to think about the possibility of being unable to make medical decisions for themselves. And understandably, you likely have preferences when it comes to end-of-life care. A living will can help you communicate them. What is a living will? In essence, a living will is a type of advance directive that outlines […]