Craig W. Watson, Attorney at Law Serving Sherman And Surrounding Texas
Estate Planning For Peace Of Mind
A will is a testamentary instrument. It details an individual's wishes regarding their estate. Adults in a variety of different circumstances may find that drafting a will not only gives them peace of mind but also protects the people that they love. The exact...
Creating an estate plan requires careful thought. One thing that you have to decide is who is going to get which assets after you pass away. Once you decide that, you’re going to have to figure out the best way to relay your wishes in a legally enforceable manner. One...
The majority of adults in the United States have some form of debt. This can be because they needed extensive medical care, got a mortgage to buy a home, took out a loan for a car or made purchases on a credit card. One question that some people don’t think of is what...
One of the hardest roles of adult children is putting the brakes on elderly parents’ activities once it’s apparent they can no longer manage. Part of the problem is that this role reversal is inherently uncomfortable for both the parent and the adult child. But you...
Older adults preparing for retirement have many unique needs to consider. They may need to plan for the possibility of a medical emergency. People preparing to retire or who have already transitioned away from full-time employment may also need to address the possible...
Not everyone accepts the contents of a will after the person has passed away. In some cases, individuals may challenge the will in court. These legal disputes, commonly referred to as will contests, often revolve around whether the document is valid and whether the...
As a parent, choosing a guardian for your child is one of the most important and personal decisions you can make. It shows your commitment to planning ahead and protecting your child, even in uncertain circumstances. But naming a guardian is just one part of the plan....
Adult guardianship exists to protect people who are vulnerable. Individuals with special needs and older adults experiencing cognitive decline may require support from others. Guardianship creates legal structure for those supportive relationships. Family members,...
With a power of attorney, you have the opportunity to choose an agent to act on your behalf. For instance, if you become incapacitated in the future and you can’t make your own medical decisions, a medical power of attorney authorizes someone else to make them for...
Estate administration comes with several key responsibilities. Personal representatives or executors typically need to use estate resources to pay debts. They have to communicate with others, including beneficiaries or heirs. They may even be responsible for...
