Craig W. Watson, Attorney at Law Serving Sherman And Surrounding Texas
Estate Planning For Peace Of Mind
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...
It's important to include every valuable asset into your estate plan, which includes public or private property and all of the contents inside. If you own multiple properties in Texas, the process could become complicated, so familiarize yourself with the potential...
Insurance is an important asset to have as you build or prepare an estate. What the insured in Texas face, however, are taxable annuity withdrawals. Without something in place to shelter your payouts from taxes, you’re exposed to the full extent of the tax law. The...
Texas allows you to assign a corporate fiduciary for your estate plan or trust. There are many reasons why you may decide a corporate fiduciary is best. You might not have a young, healthy and responsible person whom you can choose. Carefully weigh the pros and cons...
