Knowing when to update an estate plan is important information to have. It can help the estate planner keep their estate plan current and rest easy that it will accomplish their wishes when they need it to. When the estate planner’s relationships change If the estate...
While an estate plan focuses on one’s assets and wishes when it comes to the distribution of their property after their death, the administration of an estate also focuses on the debts that a person leaves behind. Thus, it is important to consider this factor when...
Most Texans are keenly aware of why it is important to have a comprehensive estate plan. A will, trust or other estate planning device is a protective device that can account for myriad challenges that may come up in the future. In addition, it will ensure that a...
All residents enjoy the rights and protections afforded by the state. But, for seniors our state provides special protections and rights. Specifically, for those 60 and above, Section 102.003 of the Texas Human Resources Code outlines these specific rights. And,...
When a person in southeast Texas starts thinking about estate planning, they may think that it is only for the elderly with significant assets. However, that is a myth. Even young adults can benefit from estate planning. Estate planning and medical care Unfortunately,...
With everyone’s mortality front and center, now has become the optimum time to get one’s affairs in order. Whether young or old, healthy or ill, married or single, having an estate plan provides comfort, peace of mind and gives assurance that your assets will pass on...
A will is supposed to reflect the wishes of the deceased. The formal language and other requirements of a valid will are necessary because the person won't be around to answer questions or clarify any ambiguities when the will goes into effect. When a will appears to...