The United States Supreme Court has determined that inherited IRAs are not protected from bankruptcy creditors. Although this development presents a serious risk for clients, it also presents a planning opportunity for financial advisors. How Protecting Inherited IRAs Benefits Financial Advisors If a retirement account is seized in a lawsuit, spent down on frivolities, or…

Each year, the month of October is marked as a designated time to recognize the cause of supporting and celebrating individuals with Down Syndrome.  It brought to mind a very special individual with Down Syndrome that we were privileged to meet at the 2nd Annual Special Needs Day at Hawaiian Falls in The Colony last…

The Weeks Law Firm was a proud sponsor of the Coventry Reserve’s Annual Golf Tournament at Woodbridge Country Club.  Rain did not stop golfers or volunteers from coming out and raise over $50, 000 for a great cause!  Tresi Weeks is on the Coventry Reserve Board of Directors, and a great advocate for the special needs…

By Tresi Weeks What is an ABLE  Account & Why Was It Created? Individuals with disabilities face a dilemma when they try to save money.  If a single person has more than $2,000, they could lose their valuable Supplemental Security Income (SSI) or Medicaid services, which for some folks means losing housing and medical care. …

In “Gift Tax Exclusion 101, Part I”, we covered the basics of the Annual Gift Tax Exclusion’s general rule and the exceptions.  In Part II, we’ll discuss the implications of excess (or taxable) gifting for the Lifetime Gift Tax Exemption and the Personal Estate Tax Exemption; each is set at 5.45 million for 2016. To…

  FOR IMMEDIATE RELEASE October 4, 2016   NORTH TEXAS attorney specalizing in estate planning and special needs trusts Elected as vice chairman of statewide disability rights group AUSTIN—Tresi Moore Weeks of Plano, Texas, has been elected as Vice Chairman of the Disability Rights Texas (DRTx) Board of Directors. She has served on the DRTx…

Communication resulting from use of this web site does not create an attorney-client relationship. You will need to meet with an attorney and sign a separate written retainer agreement.

logo-footer