Craig W. Watson, Attorney at Law Serving Sherman And Surrounding Texas
Estate Planning For Peace Of Mind
Medicare is the way that countless older Americans pay for a plethora of medical expenses: from doctor bills to medication copays. Bear in mind, though, that this type of coverage doesn't pay for all aspects of elder care. Texas seniors who live in assisted care...
Elder financial abuse targets older adults as victims of a scam. When a parent is in long-term care such as a nursing home, no one is there to defend them against scams. The federal consumer financial protection bureau's guide prevents elder financial abuse with...
Through a life estate, you can transfer property to someone who shares it with you now. Land and any of the developments on that land are legal assets to use for a life estate deed. If you own any real property, you risk public blowback should you transfer that...
A person's capabilities are prone to change during his or her lifetime. So in Texas, the law allows someone to step in and take care of the assets, needs and any other important aspects of the incapacitated person's life. If you are interested in conservatorship, here...
If assets such as a Texas home remain in your estate when you pass, they will be subject to probate if you have a will. If you don't have a will, they will likely be distributed per the state's intestacy laws. It's worth noting that intestacy laws might take effect if...
When someone dies, their estate has to get managed and distributed according to their will. This is one of the responsibilities of an executor. If you have been named as the executor of an estate, it is important to understand your duties and responsibilities. Who is...
You may be entitled to inherit a portion of any assets in a parent's Texas estate at the time of his or her death. Of course, it's also possible that your mother or father would rather pass those assets on to a charity. To avoid confusion or hurt feelings, you are...
Planning for the future is something that many people in Texas put off until it's too late. Estate planning via wills and trusts is important to take care of, especially if you want to make sure your family will be provided for when you're gone. Although will and...
Estate planning consists of legal terms that are often difficult for non-professionals to understand. Anyone who owns property and valuables in Texas should know the similarities and differences of estate planning, wills and trusts. Will A will, also known as a last...
Estate planning is an important part of strategizing for your financial future. This process is necessary as you acquire more assets, but estate planning is not just for the wealthy. Everyone should have an estate plan in place to protect their loved ones after they...
