Craig W. Watson, Attorney at Law Serving Sherman And Surrounding Texas
Estate Planning For Peace Of Mind
There are several legal documents you can add to your estate plan. Your main document is a will, which can instruct how your assets are distributed after you pass away. Another document that you can add is a trust. A trust is a legal arrangement that works similarly...
Inheritance is a topic often shrouded in secrecy and discomfort, but discussing this issue doesn’t have to be so tough. Suppose you’ve established strong bonds with your children; best believe, you can discuss any topic with them with the right approach. The reason...
Wills, trusts and powers of attorney are often thought of as legal tools that are only useful to elderly individuals. However, the truth is that estate planning can be useful for adults at every stage of life. In Texas, as soon as you turn 18 years old, you can draft...
Medicaid is a government program that provides financial assistance to elderly people with limited resources to help them pay for medical expenses. When seniors apply for the program, Medicaid conducts a five-year lookback assessment. Applicants must meet strict...
One tool that you can use when making your estate plan is known as a payable on death account. Technically, this does not have to be included in the rest of your planning. Instead, you just need to fill out the proper beneficiary designations at the bank or other...
Estate planning is not something you should take lightly. Mistakes can render ineffective the careful plans you have made for your estate after your death, putting your legacy at risk. This may also lead to confusion and disputes among your loved ones, which is not...
If you are a millennial, also known as a member of Gen Y, chances are you don't have a will. However, that is essential for all Texas residents as they age. Yet, responsibilities, including taking care of aging parents, have led some individuals in this age group to...
As we grow older, our bodies undergo radical changes. Cognitive function is one area where this transformation often becomes particularly noticeable. When interacting with elderly people, it is important to be aware of the different types and levels of age-related...
Celebrities like Wendy Williams and Bruce Willis have put new faces on the battle with age-related cognitive decline. Most people still think of dementia and Alzheimers as something that only strikes the very elderly, but cognitive disorders like these can and do...
Many couples who put off their estate planning until their senior years do so because they dread the thought of it. Yet, as tough as getting started can be, it’s still important for people to at least put a will in place. When someone dies without one (which is called...
