There are many things that you have to consider when estate planning. One of them is the fact that you can become incapacitated at any time, so you need to have a plan in place for who will make decisions on your behalf. This is where the power of attorney comes in....
In Texas, probate is a necessary estate administration process that ensures that estate plans get executed properly. Sometimes, it is necessary when somebody dies with assets and there are issues or doubts surrounding the executor, the will or the estate itself. If...
If you live in Texas and you are creating an estate plan, you should also give some thought to your digital assets. You do not need to own cryptocurrency or a valuable domain in order to have digital assets that need to be addressed. Your digital life includes your...
For many high-worth individuals in Texas, determining how to leave your wealth to your beneficiaries can be complicated. One aspect that people tend to overlook is planning for incapacitation should you become ill and unable to make decisions for yourself. Planning...
If you have young children and prefer not to think about planning for their well-being after your death, you are not alone. Many parents in Texas avoid this topic, but it is important to create an estate plan to ensure that your children get the very best care if...
If you experience a significant medical event, your family members may be the ones who have to make decisions about your medical care. After a car crash, a stroke or even a heart attack, you may not be able to make your own decisions about the care that you need. Your...
Maybe you ran a ranch for most of your life and have hundreds of acres of land and thousands of animals that you will leave to a loved one. Perhaps you have valuable real estate holdings, substantial personal investments or a business. Being able to leave highly...
Updating an estate plan is an important thing to do. As life changes, an estate plan should also change with the estate planner’s life. Knowing just went to update an estate plan is key for estate planners to be familiar with. Estate plans should be routinely updated...
Estate planning documents can help estate planners plan for medical incapacity and financial incapacity. It is important to plan for circumstances if an estate planner becomes unable to direct their own medical and financial affairs to help alleviate the burden that...
Estate plans contain several different important documents, each designed to ensure that your estate is secure and your family's future and legacy is in good hands. While many people use wills to list their assets and inheritors, trusts can be just as effective.If you...
