Why an estate plan should be reviewed regularly
Once a person in Texas has created an estate plan, they should not put it away and forget about it. Estate plans may need regular review. As a person's life changes, their estate plan should reflect those changes. Family changes are common reasons to update For...
Avoid this common mistake when preparing an estate plan
Estate planning has soared in recent months. As people navigate the implications of the current coronavirus pandemic, many are using the moment to put together their estate plans. Although it is a great idea to get everything in order to increase your peace of mind,...
What are the implications of COVID-19 for estate planning?
With coronavirus affecting the lives of Americans in such a real way, more and more people are thinking about estate planning as they confront the idea of their own mortality. Some are creating plans for the first time. Others are taking the time to update their...
Steps in creating an estate plan
People in Texas may want to take steps to create an estate plan to ensure their family members are taken care of and their assets go to the people intended. Knowing where to begin can be daunting. There is a lot of information available about estate planning. Someone...
Understanding Guardianship
For many, setting up a guardianship for a beloved family member may be a growing concern. Several do not know how to begin with the process and others are unaware of the rights and obligations that can arise from taking on this responsibility. It is important for...
What is probate?
After your loved one passes away, the legal processes that follow can be confusing. Dealing with probate can be a long process. But most don’t know what probate is and how the process goes. Probate occurs after someone’s death. It ensures that the heirs are getting...
6 scenarios in which to consider setting up a trust
Estate planning can include many components. One component you may consider is a trust. However, just like a will, a trust is not perfect for every circumstance. It can be an extremely flexible way to control your assets, but it also has downsides. A trust, for...
Dos and don’ts for discussing assisted living with a parent
Even the idea of assisted living or a nursing home can strike fear into the hearts of many older Americans. It is an extremely sensitive topic and, therefore, you should approach it with care. If you feel that moving your parent or loved one to assisted living or...
Should I use a do-it-yourself estate plan?
The recent coronavirus pandemic has led to a surge in estate planning requests. It is tempting to update or put together an estate plan with a do-it-yourself or fill in the blank option. In some cases, this format may work. Those who are relatively young, do not have...
Why estate planning is a smart move for everybody
It's not something many of us enjoy thinking about, but just as we are all born, someday we all will pass away. While general estate legalities will occur, a proper estate plan allows family members and all beneficiaries to properly grieve without having to deal with...
