Almost everyone in Texas has probably heard about wills, trusts and estate plans. For some people, those terms are equated with a person who is wealthy or a person who has considerable assets. That, however, isn't the case. You don't have to be wealthy to have an...
Elder Law Attorneys Helping You Plan For The Future
Estate Planning
Estate planning in Texas might include charitable donations
In the past, when someone was preparing their estate documents they usually left everything to family members who have been close to them. A new trend seems to be starting with estate planning that might have some people rethinking that common distribution of assets....
Avoiding mistakes with estate planning in Texas
It is possible to make mistakes when it comes to estate planning in Texas, even if you do not intentionally try to give more to one person than another in your will, that can cause conflict with your family after you pass away. Those who are preparing their wills in...
Estate planning isn’t all just on paper
Have you thought about how your loved ones will deal with your estate when you are gone? Have you thought about how your loved ones will deal with your estate if you are unable to do the job yourself? These questions might have you thinking now. If so, it might be...
Have you named an online executor in estate planning documents?
In the past, a will typically only included physical items that heirs could touch and claim. With the Internet now commonplace in many homes, the needs of people who are going through the estate planning process are changing. Because a lot of financial documents and...
Learning from Philip Seymour Hoffman’s estate planning mistakes
There are some events that occur that shed light on the importance of proper estate planning practices. When Philip Seymour Hoffman died unexpectedly, people started looking into the preparations he made for his $35 million estate. For people who are trying to...
Dr. King’s children battle over his Bible, not included in will
There are some items that people automatically assume must be included in a will. Some of these items include a home, a vehicle and other items with considerable value. For some people, adding in simple items like a Bible should also be considered. The recent case...
Texas estate planning can include Medicaid eligibility
Ideally, financial planning for seniors will cover several stages of their lives -- the pre-retirement years when wage-earners are still acquiring financial resources and assets, retirement age for active seniors when they reap the fruits of their years of labor and...
Advance directives include living wills, other end-of-life needs
Older people in Texas and around the country may wonder if drafting a living will or advance directive will really protect them should they become unable to talk or otherwise communicate due to a medical crisis. Estate planning experts say that these documents of...
‘Downton Abbey’ mimics real life finances
The popular PBS television show "Downton Abbey" can teach people in Texas and across the nation a lot about financial planning. Drafting a will and estate planning, or the lack thereof, are a significant part of the show. Financial planners and elder lawyers see some...