This column first appeared in the San Antonio Express-News and its MySA.com website on April 20, 2015. Dear Mr. Premack: My parents live in Texas, while I live in California. If I am anticipating inheriting just over $5 million, how does living in California affect the taxes? Do I have to move back to Texas for the lowest tax rate? Is there a tax shelter option, such as owning property in Texas? – K.A. There are three tax systems about which you should be concerned. First is

This column first appeared in the San Antonio Express News and its MySA website on January 28, 2015. Dear Mr. Premack: My granddaughter’s grandfather (on the other side of the family) died six years ago. I know he had a Will and I think he left some money in his Will for my granddaughter. However, her parents have never mentioned anything to her. She was his only granddaughter and her father was his only son. Additionally, her father had promised to help her with college tuit

The concern you raise has been worrying families for many generations. When you enter into a long term partnership with a spouse, raise a family, work to create financial security and plan for the future, you hope those efforts and plans will be fulfilled even if you are the first to die. You hope that your long terms plans will be honored by your spouse even after your direct influence is gone. Too often that hope is ignored or forgotten by the surviving spouse. The survivor