Craig W. Watson, Attorney at Law Serving Sherman And Surrounding Texas
Estate Planning For Peace Of Mind
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...
You may believe that it’s time for your parents to move into a nursing home. But do they agree? This can be a difficult conversation to have, as people are often resistant to change and may feel that they are losing their freedom. That said, it could be a health and...
While Texas currently boasts no inheritance taxes, the future remains uncertain. With potential changes looming, it's a great idea to be proactive in estate planning. Here are some tips for preparing for future estate tax changes in Texas. Understand the current laws...
Being the executor (or personal representative, as it’s known in Texas) of an estate can be a thankless and difficult job. That is true whether you were designated by the deceased in their estate plan or appointed by a probate judge. You may have to deal with family...
If you’re making an estate plan as a new parent, one of your major areas of focus may be on choosing a guardian for your child. If something unexpected happens, you want to know that someone is there to care for them. Perhaps this is even what spurred the estate...
