You might hear families in Texas and around the nation say that probate is the last thing they want to go through when a loved one passes away and their estate begins to be distributed. One of the biggest reasons behind avoiding probate is because of its long and...
Families in Texas and throughout the country may be spending time together this holiday season, or at least staying in touch with one another. Typically, the topics of death and money are off-limits during family events. However, failing to have an estate planning...
Finalizing an estate plan means accepting that incapacity and death are possibilities. It can be hard for people in Texas to confront that reality about themselves. Making an estate plan is a lot of work, but it's worth it because an estate plan can save a lot of...
Just because you've gone through a divorce at a late age does not mean you'll never find love again. This is the reality for many Texas seniors as they have been able to find love only a few years after their initial divorce. However, just like a divorce, the process...
As more older adults in Texas divorce and remarry, it's important to think about the way that divorce can impact financial planning. Partly, that involves financial settlements for ex-spouses, but it's important to think about the impact of remarriage on estate...
When a Texas resident dies, the executor named in their will is responsible for paying bills and taxes and distributing assets according to the terms outlined in the will. However, in some cases, the executor might pass away before the will holder. If no one else is...
Dying without a valid will in place can leave the decedent's family in a precarious situation when Texas probate law is applied. All individuals who die intestate will have their financial assets place in probate, which means that creditors and government taxation...
You don't need to be old or have a significant net worth to benefit from having an estate plan. If you own property in Texas or any other state, you can transfer it to a beneficiary through a will or trust. These documents can also be used to appoint a guardian for...
A disability can happen to anyone at any time. Those who live life on the edge in Texas can get into a life-altering accident while others are susceptible to their family's medical history and genes. Disabilities can also happen to those who have means and those who...
The importance of estate planning in Texas cannot be overstated. Just as important is the person you name as the executor or your estate. You give several responsibilities to this person. So, you have to be sure that they are willing to make the time commitment and...