Your estate plan is a reflection of your life at the time you made it. As your circumstances change, your plans may need updating to ensure they best capture your preferences and provide for your loved ones. You should consider an estate plan review after these major...
When you are in the middle of a period of crisis in your life, you may face uncertainties about the future that overwhelm you and fill you with fear or concern. Now is the time to have discussions with your family and loved ones about your end-of-life planning, so...
Few things are likely to make you both happier and busier than welcoming a new baby into your family. Between feedings, naptimes and diaper changes, you should find some time to think about your child's future. If you have not yet drafted an estate plan or have not...
The prospect of creating a will is not always easy, as it means you must face your own mortality and make serious decisions that can affect others. This may explain why, according to the American Association of Retired Persons, fewer than 30% of senior-age people do...
A new marriage is certainly a joyous occasion. However, it is also a good reason to revisit your current estate plan to ensure it continues to meet your needs. According to the AARP, there are many common estate planning mistakes that can impact people in new...
When you create your estate plan, some named people will have active roles while others will have more passive ones. For example, a healthcare proxy will have an active role in that they will make medical decisions on your behalf if you cannot. A beneficiary will...
One reason that people want to avoid probate is because the process sometimes takes a long time. Heirs to an estate may have to wait months or even a year until probate is complete. Probate does not have to last long, though. There are usually reasons why probate...
There is no age prerequisite to start putting your estate plan together, although the sooner, the better. Even beginning the process in your 20s is not too soon. With children, a house and medical issues, items to place in your estate plan pile up. Then something...
One of the goals of the estate planning process is to help you optimize those opportunities to preserve assets for the benefit of your heirs in Texas. Yet the assumption is that no amount of planning offers the chance to avoid one inevitable expense: estate taxes. ...
In a perfect world, your loved ones would enjoy easy and fast access to your assets after you die, but this is not always the case. Unless you take certain steps when working on your Texas estate plan, your beneficiaries may have to spend time and money working their...