Do I need a trust in Texas?

For most families with real estate, business interests, or estates above a modest threshold, a revocable living trust is a strong foundation. When properly funded, it generally avoids probate, keeps your affairs private, and simplifies administration for your loved ones. For smaller, simpler estates, a well-drafted will-based plan can be equally effective. The right choice depends on what you own, how it's titled, and your goals.

What is the difference between a will and a trust?

A will directs the distribution of your assets after death but must pass through probate. A revocable living trust holds assets during your lifetime and transfers them to beneficiaries at death without probate, offering greater privacy and simpler administration. Most comprehensive estate plans use both.

Does Texas have an estate tax?

Texas does not impose a state estate tax. However, estates above the federal exemption threshold may be subject to the federal estate tax. Proactive planning using trusts, gifting strategies, and other techniques can help reduce or defer that liability.

How often should I update my estate plan?

Plans should be reviewed every three to five years, or sooner after major life events such as marriage, divorce, the birth of a child, a significant change in assets, or the death of a named beneficiary. Tax law changes can also warrant a review.

Let’s Connect

Let’s Talk About Protecting What Matters Most

We typically respond within one business day.

Call (945) 758-9908

Schedule a Consultation

What to Expect

Share a bit about your situation by booking online, sending a message, or giving us a call.
We’ll reach out within one business day to confirm your complimentary consultation.
Meet with us by phone, video, or in person to discuss your goals and clear next steps.

We respect your privacy. Information submitted through this form will be handled in accordance with our Privacy Policy.

Our Office

Olive Branch Counsel, PLLC

5600 Tennyson Parkway, Suite 180
Plano, TX 75024

contact@olivebranchcounsel.com

(945) 758-9908

Client Portal

Existing clients can access documents and communications through our secure portal.

Client Login

Send a Message

Tell us a little about your situation

Prefer to book directly? Schedule your complimentary consultation online.

This website is for informational purposes only and does not constitute legal advice. No attorney-client relationship is formed by use of this site. Olive Branch Counsel, PLLC practices law in Texas, New York & Oklahoma.