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Estate Planning Articles

McNair Dallas Law

Multigenerational Family - four generations of women

What Is the Meaning of Step-Up in Basis?

April 27, 2023
Step-up in basis, also known as stepped-up basis, is a wrinkle in the federal tax code that can help heirs avoid or reduce taxes on ...
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Older couple holding a model house and smiling.

What Is a Life Estate?

April 24, 2023
A life estate is a type of property ownership or tenancy that grants an individual the right to use and enjoy a property for the ...
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US Capital Building new Medicare legislation

What Is New Proposed Law about Medicare?

April 22, 2023
U.S. Rep. Blake Moore (R-UT) has joined congressional colleagues in offering proposed legislation that would provide Medicare recipients faster access to breakthrough medical devices approved ...
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Have the Talk with your Parents about Estate Planning.

How to Talk to Parents about Estate Planning

April 12, 2023
With nearly 90% of caregivers providing care to a family member, and the holidays rapidly approaching, it is an opportune time to check in with ...
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Funeral services - does the surviving spouse inherit everything

Is Surviving Spouse Automatically Your Beneficiary?

April 10, 2023
If the surviving spouse is a second or subsequent spouse and did not have any children with the decedent, the surviving spouse takes even less.
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Power of Attorney or Advanced Directives Needed if in Accident

Don’t Delay Advance Directives

April 8, 2023
Some people think that, because their assets are jointly owned with a spouse or are in a trust, they do not need a Power of ...
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