Craig W. Watson, Attorney at Law Serving Sherman And Surrounding Texas
Estate Planning For Peace Of Mind
Thinking about the future is something that most adults often do. Those thoughts are often limited to what they want to do while they’re still living; however, thinking beyond that is a good idea. All adults should think about getting their estate plan together so...
Some people assume that a person’s debts vanish if the account holder passes away, but that’s not how it works. Instead, it’s possible that the estate of the decedent will have to pay for the debts. The estate administrator is responsible for handling those payments. ...
A POD account, or a payable-on-death account, is in many ways like any other financial account. You set it up at your bank, and it can hold funds that you can transfer in and out as you like. The difference is that this account has a beneficiary designation. You are...
For many people, pets are more than just animals -- they’re beloved members of the family. But what happens if something unexpected occurs and your pets are left all alone? Without a proper will or trust in place, your beloved companions may end up in the hands of...
An estate plan can be beneficial for anyone, from a young parent to an elderly retiree. These estate plans can help to divide assets among beneficiaries, make medical decisions in advance, establish guardianship for minor children and much more. However, most people...
It is possible that your home is one of your most valuable assets. As a result, it will likely be a primary concern for you as you engage in estate planning. Deciding what will happen to your home after your passing requires careful planning to better ensure that your...
Some of the most important documents in your estate plan are intended to be used while you’re still alive. One of these in Texas is called the Medical Power of Attorney Designation of Health Care Agent (MPOA). This is the document where you name the person you’re...
There are so many different online scams out there — and the scammers are becoming more sophisticated every day. Instead of badly phrased English, scammers are using AI technologies that more effectively mask their true identities. One of the most frequently targeted...
As you grow older, you may find yourself keeping a close eye on your own parents. You know they may eventually need to transition to a nursing home, and you want to identify the right time to take that step. But what should you look for? Your parents may not believe...
When creating your estate plans, it helps to accommodate the unique circumstances of your loved ones and craft a tailored plan that works best for everyone. This means considering each heir’s situation and ensuring your estate plan provides them with the necessary...
