Counting the number of pets just here in the Houston area would more than likely take a significant amount of time. There are probably tens of thousands of pets living in the area, if not more. Pet owners tend to love them as part of the family, but some may forget to account for their care when estate planning.
No one knows how many Houston residents have specific ideas regarding their funerals. The number could surprise many people since death is not often an ordinary topic of conversation. Even so, it is something that people may want to address during the estate planning process.
Texas law provides a sort of default estate plan via the intestacy rules. However, these regulations are probably not going to do many of the things that a complete estate plan could for your loved ones. Therefore, while an estate plan is not required by law, it is often necessary if you have specific goals for the distribution of your assets.
Drafting a last will and testament may not be a top priority. Yet, estate planning is important for people at any age, especially if you have young children or are the caregiver of an adult. It is important to know who will take care of your loved ones should something unexpected happen, rendering you unable to make critical decisions regarding their care. Appointing a guardian in your last will and testament may be one of the most critical decisions you make, and it is essential that you understand what types of guardianships are available.
When people think of tasks that need to be completed, creating a last will and testament may not come to mind. It is difficult to think of a time where we will not be here with friends and loved ones. It may also be a far reach to consider what will happen to the property and assets one has accumulated during a lifetime after they pass. Whether one has just reached retirement age or is just starting a family, it is important to consider creating a will. This document records what will happen to the estate if an unexpected accident should occur.
If you are preparing to get remarried after having previously been divorced or widowed, you are likely faced with many decisions not just about your wedding but about how you and your new spouse plan to merge your lives. Texas residents who get married for the second or subsequent times are generally more established in their personal and professional lives. This can warrant unique needs when getting remarried.
At Doehring & Doehring, Attorneys at Law, we understand that complicated estate planning needs tailored, creative solutions. That is why we work with our clients from the formation of an initial plan to the ongoing maintenance and updating that is typically necessary.
If you are reading about estate plans, then it could be time for you to update or revisit yours. Texas law changes from time to time, and it is likely that your own family situation does the same.
What happens to all of your money when you die? If you have been thinking about this question, you are not alone. The truth is, there are many methods you could use for distributing your money before or after you pass away. Finding the one that works for you is really a matter of personal preference and financial stability. At Doehring & Doehring, Attorneys at Law, we are experienced in helping people in Texas to coordinate a customized estate plan.
There are all sorts of issues to tackle when it comes to estate planning, and everyone is in a different position when it comes to their estate. Aside from determining which type of plan is most sensible, focusing on the benefits of an estate plan and figuring out how it could affect loved ones, people who have already worked through all of these issues may have estate planning considerations arise in the future. For example, those who are injured because of another's negligence and receive a significant personal injury settlement may need to go over their estate plan once again.