An executor should work closely with the beneficiaries when performing their duties. But this is not always the case. These two parties can conflict, which can result in serious measures, such as the removal of the executor. Below are two factors that can contribute...
While tackling projects yourself can be empowering, the do-it-yourself (DIY) approach might not be the best strategy for your estate plan. Navigating the complexities of wills, trusts, and legal jargon requires knowledge and training – attempting it alone could leave...
A health care proxy is one of the crucial documents you will draft during estate planning. This document allows you to name an agent who will make healthcare decisions on your behalf when a doctor determines you can't. So, who should you choose? Here are four factors...
Wills are probably the most popular testamentary instrument, but they are not the only option. An increasing number of people every year add trusts to their estate plans. Trusts can benefit those with special needs family members, blended families and adult children...
A will is an essential estate planning document that can carry out functions such as distributing assets and naming child guardians. Nonetheless, as with all legal documents, certain requirements need to be met. Will contests are not uncommon and they can happen for...
Your parents may need your help with estate planning. Perhaps you can help them understand the value of having an estate plan or find specialists. But you should be careful that your help is not viewed as exerting undue influence over them. Here is how to help your...
Texas law recognizes both formal and holographic wills. You usually need an attorney's help when drafting a formal will, along with witnesses, to make it valid. This process can be tedious and complex, making the holographic option more popular. You can draft this...
When Texans think about estate planning, they are likely to focus on their will, a trust and other basic documents to determine how their property will be distributed after they are gone. This is thoroughly understandable since financial issues are a common point of...
Creating an estate plan requires you to make arrangements for the future and ensure that your loved ones are taken care of after you are gone. In addition to making a plan, you will need to choose someone to make sure the plan is followed after your passing. The...
With each milestone and life event, your life is impacted. Whether it is for the better or worse, these changes not only alter what your life looks like but also your perspective. As a result, many facets of your life adjust to this, including your will. Although the...