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Changing Trustees

When you created your trust, you did a lot of thinking and figuring and finally named someone to be your successor trustee in case anything happens to you.  But, as your life moves along, the choices you made when you created your trust may have to be

Naming Guardians

A guardian is the person designated by court appointment and given the responsibility of managing the personal affairs of a minor child or a person that is legally incompetent. Naming a guardian for minor children if something were to happen to you is one of the most

Probate: Advantages and Disadvantages

Probate is our society’s way of moving property from a deceased person to living people. The word “probate” means “prove.” The probate process is a legal procedure we go through to prove who has the right to sign for someone who has passed away and who will

Fraudulent Conveyance

All states have some sort of fraudulent conveyance law in place. People who are in trouble often try to put assets out of the reach of their creditors or the bankruptcy courts. Fraudulent conveyance laws are designed to prevent people from doing this. Basically, these laws ensure

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We wish everyone in America had the means to obtain the knowledge that Attorney Lee Phillips is attempting to impart in the Accumulation and Preservation of Wealth course. We are thankful that there is a legal system that is designed to protect people’s assets, no matter how little or how much.
~ Ed, Dallas Texas