Planning for the future is a beneficial step for individuals of all income levels, and it can provide security for those with assets they wish to protect in the future. Estate planning is for everyone, and it is possible to create a planning strategy that accounts for...
Estate Planning
Don’t leave an estate plan unfinished
Legal and financial planning are processes that many avoid because they don’t see an urgent need to make long-term plans, or they believe it’s something reserved only for the wealthy. In reality, having an estate plan is beneficial for Texas adults of all ages, and it...
What if a spouse refuses to create an estate plan?
There are many reasons why people may be reluctant to create a plan for the future. People may be fearful of considering what will happen after their death, and others may simply be unaware of why estate planning is critical for adults of all ages and income levels....
When is it appropriate to contest a will?
Losing a loved one is a difficult and emotional process, but finding out that your loved one left you out of his or her will can bring anger and confusion in addition to grief. This can come as a shock, especially if you were under the assumption that you would be a...
Planning well for a potential crisis
It is in the interests of each Texas adult to consider what legal and financial protections he or she may need in the future. One way to do this is through careful estate planning, a process that allows one to decide what should happen to his or her assets, property...
Medical professionals and their need for estate planning
Doctors, nurses and other types of care providers have high-stress and complicated careers, leaving little time to consider their potential future needs. Medical professionals in Texas are typically high-earning individuals, and they may have ownership interest in...
Could a former spouse get estate assets?
After a divorce, it is extremely unlikely that someone will want to leave his or her former spouse assets or money after passing away. Most Texas adults want to change their beneficiary designations and remove former partners from estate plans as soon as...
The importance of being prepared for the future
Estate planning is about more than simply figuring out what to do with personal possessions after passing away. A thorough estate plan provides a Texas adult with the opportunity to plan for various contingences, including the possible need for long-term care in the...
Keep critical estate planning documents secure and accessible
After creating an estate plan, it is easy to set the documents aside and forget about them. Family members and others may not know where they are located, which could prevent a problem in the event of an unexpected medical emergency or death in the family. Each Texas...
Is it wise for a parent to leave a house to his or her children?
Texas parents can create a strong future for their adult children and grandchildren through a strong and carefully crafted estate plan. Through certain estate planning measures, parents can leave their kids specific assets that will provide them stability and security...