Category: estate planning

Why You Want To Avoid Probate

Why You Want To Avoid Probate

If you’ve taken any steps to investigate your estate planning options, chances are you’ve seen countless warnings about how you want to avoid probate. If you’re like most people, however, you might not understand exactly what probate is, let alone why so many people...
Estate Planning Basics When You Have a Baby

Estate Planning Basics When You Have a Baby

Having your first baby will be one of the happiest times in your life. It will also be a lot of work. Between late-night feedings and baby-proofing your house, you probably haven’t given much thought to logistics like how your new bundle of joy will affect your estate...

ABCs of Estate Planning

Death isn’t a topic that anyone likes to think about. In reality, though, devising an estate plan is the only way to ensure that the people you care most about will be taken care of after you’re no longer here to provide for them. The Ledbetter Law Firm has created an...
The Butterfly Effect and Your Trust

The Butterfly Effect and Your Trust

Bigger Than a Texas Tornado It has been said that the butterfly effect is the cumulative result of small natural forces produced over time in one place that later results in larger changes elsewhere. A common illustration of this phenomena is the tiny butterfly...
Do I Need an Irrevocable Trust?

Do I Need an Irrevocable Trust?

There’s no one-size-fits all approach to estate planning. Just as all people are different, everyone has different needs when it comes to deciding how their assets will be managed and distributed. Trusts are a popular way for individuals to oversee the how their...
How to Protect Your Beneficiaries With a Discretionary Trust

How to Protect Your Beneficiaries With a Discretionary Trust

In a discretionary trust, money is placed in a trust account for the benefit of your heirs. Unlike typical trusts, however, with a discretionary trust the trustee has full discretion to decide when the beneficiaries are given the money, and how much they are given at...