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Texas Governor Rick Perry signed Senate Bills 163 and 1476 as well as House Bills 97 and 1514 as part of a sweeping effort to provide support and resources to veterans and their surviving spouses. These bills are part of an effort to increase veterans' benefits for those who have served in the military and their spouses if they died in action.
Duck estate-planning fiascos before it's too late
Some estate planning mistakes are not discovered until it is too late, after the testator dies. However, Houston individuals can discuss estate planning with a qualified professional to ensure that their assets are handled in an effective way after their death.
Bill impacts school benefits for some veterans' dependents
Nearly a century ago, Texas enacted the Hazelwood Act, which provided Texas veterans or their dependents 150 hours of classes at a qualifying college or university within the state. However, a little-known update to the law in June 2012 placed age restrictions on the Hazelwood Act and the accompanying veterans' benefits.
Everyone should consider estate planning
Although a younger person from Houston may not be thinking about what may happen if he or she dies or becomes incapacitated, taking estate planning steps early in life can provide safeguards to protect the person's medical and financial preferences. One of the critical estate planning documents that everyone should complete regardless of age is a will.
Make your passing easier for your heirs
Residents of Texas are unlikely to want to think about dying, but it is nevertheless important for them to have a plan of action set in place for when they pass on. Estate planning can not only ensure that someone's wishes are carried out after their death, but it can also make life much easier for their heirs. This is why a person should create a file that holds all of their estate planning documents and name executors to their estate. For family and friends to carry out someone's wishes when they pass away, they need to know what they are. Therefore, it is important that estate planning documents are compiled. These documents should consist of a will, living trusts and power of attorney, and let people know where they are. It is also a good idea to keep this paperwork in a safe place so that it will remain intact even in the case of a fire or flood.
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