Protecting Your Legacy
An estate plan is as much about the peace of mind of the testator as it is about the financial protection of their closest family members. Estate plans outline who will receive property from an estate and also provide guidance for scenarios wherein an individual...
Trusts are very powerful tools for protecting oneself and establishing a meaningful legacy. Many modern estate plans make use of trusts. Although some people think of a trust as a tool for the incredibly wealthy, many middle-class and working-class households can also...
Your estate plan can be as unique as you want it to be. Rather than just leaving umbrella instructions to divide your assets evenly among specific people, you can go into minute detail if you so desire. Addressing your most valuable property individually can be a...
As a child, you probably had total faith in your parents. When you were a young adult, they were your example for how to establish a career and manage a household. As wonderful as it is to get multiple decades of adulthood to share with your parents, it can be hard to...
Estate administration or serving as the executor of someone's estate is a difficult and often thankless job that can require months of unpaid work, detailed record-keeping and double-checking. Given how detail-oriented estate administration is, it is not surprising...
You may have felt relieved to know that your parent prepared an estate plan before passing away. An estate plan can relieve a family of much confusion and tension because it clarifies the goals and wishes of the deceased. This may reduce or eliminate the chances of...
After your parent has died, you and your siblings have many things to take care of. You must see to the funeral arrangements, comfort loved ones who come from out of town and support one another in your grief. When these urgent matters pass, you will begin to focus on...
Life is unpredictable, and each year can bring significant changes to person's life, financially, personally and professionally. Some of these changes are quite significant, and it's important that person's long-term planning documents reflect these changes. A Texas...
When a first marriage does not work out, some people may worry that they will never find love again. However, numerous individuals in Texas and across the country do end up marrying again. When this happens, it is not only wise to consider who the marriage will impact...
Many Texas residents may have already considered many aspects of their own estate plans. During this time, they may have wondered whether their parents had given any thought to estate planning. If the subject has never been discussed, adult children may want to talk...