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...
Most Texans think that by signing a will, they will eliminate quarrels among their survivors over the distribution of their assets. In many cases, that assumption is valid, but in a few cases, survivors of the decedent may still quarrel over who gets what from the...
Many Texas families have a member who suffers from a disabling birth defect, injury or illness. Planning for the long-term care of these unfortunate individuals can place a heavy burden on the shoulders of other family members. A commonly used estate planning tool...
Spring is a time of rebirth and renewal. And, during these times, we think about our loves and our family. We think about what they need and what will make them happy. This is why this season of love is the time to start the family estate plan. We get it, estate...
Having a valid will is important for estate planners to ensure their wishes will be fulfilled and that their property and assets will go to who they want them to go to. For that reason, estate planners should be familiar with the elements of a valid will. What is...
The one certainty for business is that they are now facing more uncertainty and unexpected challenges. Business must plan for the sudden departure of their leadership and preparing qualified successors to take over. Succession planning Succession planning now plays a...