In general, many people, attorneys and otherwise, promote the use of trusts to avoid probate and, possibly, save on taxes. Trusts do offer families living in the Sherman area other advantages as well. For example, Texans can use certain types of trusts to address...
It is difficult to think about a time where the parent and child roles could be reversed; however, this is a reality that individuals in Texas and elsewhere may have to face. When a parent falls ill or is elderly and no longer equipped to care for him or herself, it...
When you die, any assets that are held in your Texas estate will likely be subject to probate. This may be true even if those items are accounted for in a pour-over will. You are allowed to appoint a person to represent your interests during probate, and there are...
For Texans who have not yet created an estate plan, it might seem like something that can wait. This is especially true for those who consider themselves young and healthy. Still, having an estate plan is not about the individual, but about caring for a family if the...
If you could make simplify your loved ones' lives wouldn't you? Estate planning is one way to achieve this. While getting started can be daunting or make you feel uncomfortable, it's an important step to take. Only 4-in-10 adults in the United States have estate...
Much of estate planning is focused on leaving assets to loved ones in a way that you deem fit. But there’s much more involved than that. For example, estate planning can also include a designation of who will make important financial and healthcare decisions in the...
It can be hard to know where to begin when it comes to estate planning. Deciding what documents to include in your estate plan can often be the hardest part. Generally, an estate plan should include a will, as it often serves as an all-encompassing document that...
Wealth and property are accumulated over the course of a lifetime, and when a Texas resident reaches the end of their life, they may have strong feelings about who their estate will go to when they die. Many individuals choose to execute estate plans, which can...
As our loved ones age, their ability to handle their affairs, interact with the world and take care of themselves can become more difficult. Should their finances become compromised or their health or mental acuity deteriorate, the adult children or grandchildren may...
Having a comprehensive estate plan is a wise step for Texans regardless of their financial and personal situation. The goal with any estate plan is to prepare for the future by protecting loved ones. This can be accomplished in many ways with wills, trusts and other...
