Right now, you may be sitting in your Texas home contemplating when and how you will begin crafting your estate plan. If you are like many folks, you might feel uncomfortable thinking about your own mortality. However, there are many great reasons why you should...
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What possessions should be placed in a trust?
If you are considering making plans for when you die, you should contemplate making a trust. So, what exactly is a trust and what can you include in it? Also, who will have access to my trust and how does the process work? What is a trust? A trust agreement is a...
How to choose a guardian for your child
Most parents agree that their most valuable asset is their child. However, only 36 percent of parents with children under 18 years old have estate planning documents, such as a will or trust. Estate planning is a significant aspect of managing assets and protecting...
Informing your estate lawyer about health issues
Even though a large portion of Texas citizens do not commit to estate planning, many residents are heavily encouraged to do so that their property can end up in the right hands after unpredictable circumstances. Part of why most Texans refuse to begin estate planning...
How to retain homestead protection
In Texas, all homeowners receive homestead protection, a policy that marks your home as an exempt asset to prevent creditors from using it for the repayment of debts. Because your home is a very important asset to protect, it's important to understand the in's and...
Do you know what to do after a loved one dies?
The hours following a loved one’s death can be the hardest emotionally and logistically. Especially if your loved one dies outside of a hospital setting, it can be confusing to know what step to take next. It may seem morbid, but it is important to make an immediate...
Where does the debt go when someone passes away?
It is a simple fact that most people in America have debt. With any luck they will be able to drive the amount down over the years, but sometimes that is not the case. It is a reality that when a person passes away their debt must go somewhere, and sometimes that...
What you should know about out-of-state property and your will
If you own a vacation home, condominium or piece of land outside of Texas, you may need more than just a will to ensure your assets pass on as smoothly and painlessly as possible. Because real estate is always subject to the laws of the state in which it’s found, your...
Don’t let myths keep you from making an estate plan
If you are among the many adults in Texas who have not created an estate plan, you are not alone. In fact, most people die intestate, that is, without a will, leaving their loved ones to make assumptions about their assets and funeral arrangements. Even more upsetting...
What does it mean to be a beneficiary?
After the death of a loved one, many Texas residents find it comforting to learn that their family member left something behind for them. In some cases, the assets could be of value, or they could be sentimental. Whatever the case, individuals are often keen on...