Henderson Law Group PLLC

12/09/2024

Last week a federal district court in northeast Texas issued an order blocking the requirement that business owners file the Beneficial Owner Information Reports ("BOIR") with the Financial Crimes Enforcement Network ("FinCEN"). Under the ruling, the BOIR reporting rule cannot be enforced on a nationwide basis with respect to the impending January 1, 2025 deadline. The Justice Department has already filed a notice of appeal. FinCEN has released a statement saying that filing the BOIR is currently voluntary while the appeal works its way through the court system.

04/25/2024

Come join us for this important discussion!

Unlock the keys to securing your legacy and protecting your loved ones' futures with our exclusive FREE webinar on Estate Planning, featuring esteemed experts Jaimin Garabedian, Founder of Assurance Wealth Management, and Don Henderson, Esq. of Henderson Law Group.

02/12/2024

Estate Planning & Probate Avoidance
Avoiding the probate of your estate may be easier than you think. Properly utilizing payable on death and transfer on death designations will likely place the vast majority of your estate outside the supervision of the probate courts. Competent and comprehensive planning is key to a successful estate plan. Set up a meeting today to see how utilizing payable on death and transfer on death designations in estate planning may be beneficial to you.

03/28/2023

Trusts and Estate Planning
Creating, maintaining, and leaving behind a family legacy is no easy task, and the next generation may or may not have all the tools required to properly manage that inherited legacy. By utilizing trusts in your estate planning, you can put into place rule making designed to extend the value of that family legacy over a longer period of time, and also add additional guidance and assistance for the next generation. Set up a meeting today to see how utilizing a trust in your estate planning may be beneficial to you.

03/20/2023

Trusts and Estate Planning
Although Texas has a better probate system than most, there is still a distinct possibility that the assets of your loved one will be made public pursuant to the probate court proceedings. Utilizing a revocable trust will keep these assets private and also cause them to transfer outside the probate process. Keeping your assets and net worth private may be a desirable estate planning goal. Set up a meeting today to see how utilizing a trust in your estate planning may be beneficial to you.

03/13/2023

Trusts and Estate Planning
Creating a financial power of attorney (durable power of attorney) is a routine occurrence in putting together the necessary documents for an estate plan. However, what is often times not mentioned or explained is the difficulty an agent under a financial power of attorney may have if the document ever needs to be used. Some banks and financial institutions will even refuse to accept the document. Utilizing a revocable trust helps alleviate these issues as banks and financial institutions are more likely to be willing to work with the trustee of a trust. Set up a meeting today to see how utilizing a trust in your estate planning may be beneficial to you.

01/19/2023

Additional Protections Using Trusts
Trusts can help in a variety of ways in estate planning. Trusts can help to maintain your family’s privacy, ensure some assets avoid the probate process, limit your estate tax exposure, or provide the necessary expertise and support to a beneficiary who is not equipped to handle the preservation and management of an inheritance. Whether created in a Will or in a standalone document, a trust might provide you with the extra care your estate plan need.

01/10/2023

Probate Avoidance
You may wish to avoid the probate of your Will all together in order to maintain the privacy of your family’s situation and to provide a quick and easy transition of assets to your loved ones. Through the use of trusts, transfer on death and lady bird deeds, and proper designations on your financial accounts, we can help you with this endeavor. As an additional consideration, if you own assets in multiple states (such as real estate), without proper planning, your Will may have to go through the probate process in each state.

12/28/2022

The Assurances of a Will
A Will provides your family with certainty after your passing and names the people in charge of administering your final affairs, distributing your assets, naming the individuals who will receive your assets, and providing for the guardianship of minor children. Although passing away without a Will is not necessarily a hardship, however, passing without a Will leaves it to the Courts to decide who your heirs are and who will administer your estate, making the probate process more expensive and burdensome on your family.

12/20/2022

No matter your age or situation, it is never too late to consider starting your estate planning process. From the young family wishing to ensure their young children will be supported and cared for to someone simply wishing to tie up loose ends, our knowledgeable firm can help you through executing the necessary estate planning documents to achieve your goals.

Estate planning is more than just a Will. It is also about planning for the incapacities you may experience in your lifetime, creating powers of attorney to avoid guardianship proceedings, reviewing and managing your assets to avoid probate, as well as leaving a lasting legacy for your family.

12/16/2022

Founded in the Summer of 2022, the Henderson Law Group, PLLC provides legal solutions to individuals and businesses in the areas of business law, real estate, estate planning and probate. From mom-and-pop outfits to state owned international oil and gas companies, the Henderson Law Group, PLLC has the requisite expertise to guide you through your business’ legal needs. From starting and managing a business, to business succession and estate planning, we can guide you and your family through the legal hurdles that life inevitably seems to provide.

It is our ambition to enter into long lasting relationships with our clients so as to better understand our clients’ business, goals, and direction. We endeavor to be readily available to our clients in order to provide an effective and efficient legal solution to everyday and complex business and personal needs. Serving The Woodlands, Houston and the greater Houston area and its counties, as well as Washington and Houston County, we look forward to partnering with you and/or your business for any of your legal needs.