Triplett & Carothers

Essential Lessons from the California Fires: Ensuring Your Trust is Insured

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!

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

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

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

🎆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

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

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?

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

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

  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