On behalf of Craig W. Watson, Attorney At Law | Sep 4, 2020 | Estate Planning
Estate planning is a foundational part of full preparedness in Texas and across the nation. People want to know their loved ones are protected and their assets will be allocated based on their preferences. There are other aspects of estate planning that should also be...
On behalf of Craig W. Watson, Attorney At Law | Aug 24, 2020 | Estate Planning
Young people must often rely on the slow process of learning through experience. That’s why it’s generally a good idea to start the estate planning process at a young age in Texas. Perhaps the first thing a young person learns is someone does not need to...
On behalf of Craig W. Watson, Attorney At Law | Aug 14, 2020 | Estate Planning
Estate planning is important for people no matter what stage of life they are in or how large their financial portfolio is. The idea that estate planning is limited to those of advanced age and massive wealth is simply a misconception. Proper estate planning involves...
On behalf of Craig W. Watson, Attorney At Law | Jul 30, 2020 | Estate Planning
If you’re like most people, you’ve put a lot of time and effort into creating your will. You want to know that this will conveys your final wishes even if you move to a state different from the one you created it in. Generally speaking, a will that is...
On behalf of Craig W. Watson, Attorney At Law | Jul 24, 2020 | Estate Planning
No one wants to think about or make plans for the end of life, especially if their end of life is seemingly years or even decades away. But while many aspects of estate planning handle what happens to your assets when you’re no longer around, a power of attorney (POA)...
On behalf of Craig W. Watson, Attorney At Law | Jul 23, 2020 | Estate Planning
Many people in Texas might not have estate plans, but it can also be dangerous to have a poorly prepared estate plan. A number of celebrities have made estate-planning errors, and people who are not celebrities can learn from those errors. Most people will not need to...
On behalf of Craig W. Watson, Attorney At Law | Jul 22, 2020 | Estate Planning
When drafting an estate plan, many people forget to account for long-term healthcare. Though individuals may be in good health now, those aged 65 or older have a 70% chance of needing long-term health care. Without a plan to cover these costs, people risk losing their...
On behalf of Craig W. Watson, Attorney At Law | Jul 20, 2020 | Estate Planning
The elements necessary to establish good estate planning practices can change over time due to the variables that affect financial markets. Low interest rates and an expected decrease in the estate tax exemption are two major factors influencing the job of Texas...
On behalf of Craig W. Watson, Attorney At Law | Jul 20, 2020 | Estate Planning
The last thing that parents want after they pass away is for their children to fight about the will or estate plan. These conflicts can drive siblings apart or even compromise the family estate. Parents will always worry about the family after they are gone, but they...
On behalf of Craig W. Watson, Attorney At Law | Jul 10, 2020 | Estate Planning
Creating an estate plan is not just about transferring assets to beneficiaries or saving on taxes when someone dies. It’s also about protecting you and your heirs’ property from any potential future creditors. Litigation tends to rise during times of economic turmoil....
