Triplett & Carothers
Essential Lessons from the California Fires: Ensuring Your Trust is Insured
Posted in Triplett & Carothers on February 3, 2025
The devastating California fires have taught us many valuable lessons about preparedness and the importance of safeguarding our homes and assets. One crucial aspect that has come to light is the necessity of proper homeowner’s insurance coverage, particularly when your property is held in a trust. Understanding the Importance of Trust Insurance A trust is… read more
Time Is Money: It’s Not Just a Saying!
Posted in Triplett & Carothers on February 3, 2025
Although it seems to go against the grain, you might be better off cashing in sooner rather than later. Investors and consumers alike need to understand the concept of time in relation to the value of money. Basically, a sum of money today is worth more than it will be tomorrow, next month or next… read more
The Skinny on Skin Care Tips for Seniors
Posted in Triplett & Carothers on February 2, 2025
You may have noticed that as you age, your skin has become drier and thinner, with more wrinkles, age spots and creases developing. This is all part of the aging process, but there are some things you can do to protect your skin from further damage. Here are some simple things you can incorporate into… read more
Succession Planning in a Family Business
Posted in Triplett & Carothers on February 1, 2025
If you run a family business, you may be trying to identify and develop potential leaders from within the family; a seamless transition from your leadership to the next generation’s can help preserve your legacy and vision while providing opportunities for your successor to grow professionally. Additionally, a thoughtful succession plan provides security and continuity… read more
Year-End Look Back | Full-Steam Ahead
Posted in Triplett & Carothers on January 3, 2025
🎆At Triplett & Carothers, we certainly ended the year with a bang, welcoming three new attorneys to our practice as of January 1st. Travis Triplett, Katie Garbarino and Jim Fine bring their knowledge and experience to our team and our clients. Look for more about Travis, Katie and Jim in coming months. ⛳We celebrated our… read more
Probate: Know the Details
Posted in Triplett & Carothers on January 3, 2025
Probate is a legal process that ensures that a deceased person’s debts (including liens and taxes) are paid and that the remaining assets are distributed according to the person’s will, or if no will exists, according to the laws of intestacy. In some states, any estate valued over $3,000 must be probated; in other states,… read more
Planning a Funeral in Advance
Posted in Triplett & Carothers on January 2, 2025
There are many benefits to planning your own funeral: Planning can save money. When people are mourning, they often make impulsive decisions, such as buying an expensive casket or ordering the most luxurious limo. If you have made your own arrangements, specifying exactly what you’d like, it will keep people from thinking they have to… read more
Can a Will Be Contested?
Posted in Triplett & Carothers on January 1, 2025
Did you know that your family and/or friends have the right to challenge your will during probate proceedings? They are even entitled to object to the validity of your will and various aspects of the inheritance left behind. As you can imagine, this can become very complex very quickly. If you believe a will inaccurately… read more
Texas Court Declares CTA Unconstitutional
Posted in Triplett & Carothers on December 6, 2024
On December 3, 2024, a Texas Federal District Court ruled that the Corporate Transparency Act (CTA) and its associated regulations are unconstitutional. The court’s decision was based on the argument that Congress exceeded its powers under the Commerce Clause by enacting the CTA, which requires certain business entities to report their beneficial owners. The court… read more
Estate Planning and Divorce
Posted in Triplett & Carothers on December 5, 2024
There is so much to think about when a couple decides to divorce, and frequently emotions take over and prevent the couple from considering important details. Estate planning is one item that frequently falls through the cracks. To be fair, even though estate planning is something everyone should do, many people put it off… read more