A living will should be a part of your essential estate planning documents. Without it, you cannot ensure your loved ones will know how to carry out your medical wishes if you cannot. According to the U.S. News, a living will is beneficial to people of all ages and...
If someone wants to name you as the agent in a Medical Power of Attorney, it is important that you understand what the role entails. Your role only comes into play when the person who named you, known as the principal, cannot make medical decisions on his or her own...
Becoming the executor of your relative’s estate may feel like an honor, but it also comes with great responsibility since you will have to make sure all of the beneficiaries receive their share of the estate. If one or more heirs think you are mishandling the estate,...
Texas law does not require you to have a will to pass your estate on to your heirs. However, for most people, it is a good idea to have one anyway. Why do you need a will as part of your estate plan? What is a will? A will is a legal document that specifies what you...
Creating an estate plan feels like a lot of hard work, time and effort when you first get started. Make no mistake, though: this is a lengthy process with no true "end". Though you can get the bulk of the work done and out of the way early, it is not a simple...
If you name someone a guardian in Texas, or if someone names you a guardian, know that the designation is not necessarily set in stone. State law not only provides a priority list for choosing a guardian but also, specifies factors that may render a person ineligible...
When planning your estate, you have to consider all of your children, stepchildren and other heirs you may include within your estate plan. One of the biggest mistakes some parents make is treating all kids equally. While you may want to be fair to your children,...