You can name someone to take care of your child when you become incapacitated or die. If you don't name a guardian and are unable to take care of your child, the court will appoint an eligible person, which typically is the nearest ascendant in the direct line of the...
Estate Planning
How prepared are you for incapacitation?
While it’s not pleasant to think about incapacitation, planning for it is an essential step in safeguarding your future and easing the burden on your loved ones. Whether due to illness, injury or aging, incapacitation can leave you unable to make decisions about your...
Making a unique trust for your specific needs
Have you considered what happens to your estate after you pass away? With an estate plan, you can decide who will benefit from your estate. One key document you can add to your estate plan is a trust. A trust allows you to arrange for the distribution and management...
Amending your Texas estate plan as you divorce
If you’re preparing for or in the midst of divorce, you may not be thinking about how it affects your estate plan. If you are, you may have it down as something you’ll get around to dealing with after the divorce is final. The thought of looking at even more legal...
Should you pick your own parents as guardians for your child?
When writing an estate plan, you have to consider what life will look like for your child if you pass away unexpectedly. Often, young parents will decide to address their estate plan right after a new child is born because they suddenly have a different outlook on the...
2 things people often forget to deal with in their estate plans
There is a lot to consider when estate planning, so it is easy to forget things. One thing you don’t want to forget is any of your assets. Leaving assets unaccounted for could cause problems when you pass. Here are two sets of things to remember to account for:...
2 causes of conflicts between beneficiaries and the executor
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...
3 ways legal guidance could strengthen your Texas estate plan
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...
4 factors to consider when choosing a health care agent
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...
How can someone in Texas fund a trust?
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...