If you and your partner are among the many who believe that a long-term, committed relationship doesn’t require a marriage certificate, you still need to protect yourselves via some legal documents. For example, you may have a cohabitation agreement to designate,...
Basic estate planning can benefit anyone. It helps ensure that the distribution of your assets follows your wishes upon your death. Additionally, estate planning dictates who will control your health care and property should you become incapacitated. Important estate...
People who are creating an estate plan should ensure that they have everything in order so their assets can be distributed in accordance with the plan. Typically, the estate plan will include the will and trusts that provide that information. Many people don’t realize...
It’s easy to forget that you have a safe deposit box – especially if you rarely access it. Maybe you use it to store documents like your marriage certificate (or divorce decree), your house title and your birth certificate. You may have some valuables in there like...
One of the key reasons for having an estate plan is to be able to designate family members, other loved ones and worthy organizations as the beneficiaries of your assets. That may seem like a simple enough task. However, it’s crucial that you specify all of your...
Your parents worked hard for the wealth they accumulated during their lives. Basic fairness dictates they should have some control over what happens to their assets after their death. Writing a comprehensive will, of course, removes much of the doubt about your...
When a loved one becomes incapacitated or terminally ill, both patients and family members are faced with difficult decisions. These unfortunate situations can highlight the importance of proper estate planning and administration. Texas laws specifically state that...
For couples in their 20s and 30s, estate planning is often the last thing on their mind. Even if they have children, they often assume that they won’t have to worry about putting together a will, advance directives, powers of attorney and so forth until they’re at an...
When working on your estate plan review, it is important to know what to prioritize. Otherwise, you could spend an unnecessary amount of time focusing on things you do not actually need to focus on. Instead, you should pay attention to a few key aspects of the plan....
When you draft your Texas estate plan, you may have concerns about leaving money or assets to a particular child or beneficiary because you question how that individual might spend it. Maybe your child is too young to be able to make sound decisions about what to do...