“Do I need a will if I don’t have children?” The answer to this frequently Googled question might surprise you. Indeed, married couples who do not have any children often think that there is no good reason to have a will in place. They mistakenly assume that a will is…
Articles Posted in Estate Planning
Why Houston Investors Should Not Delay Estate Planning
There is no denying that the COVID-19 pandemic has sent shockwaves through the Houston economy and beyond. Indeed, only time will tell the impact of the virus on countless markets. With this in mind, the importance of estate planning early on has never been as clear. 3 Major Advantages for…
The Nuts and Bolts of Effective Estate Planning
Planning your estate and the management of your assets after you pass away can be an uncomfortable and overwhelming process, however, it does not need to be as complicated as you may expect. Once an effective estate plan is in order, you and your family members can rest easy knowing…
Why Texas Common Law Marriage Matters in Probate Court
Probate is the process by which the courts oversee the distribution of people’s assets after their death. For loved ones, probate can be an extremely difficult experience involving countless administrative requirements, and it is often rife with family conflict. There are many steps that people can take, however, to help…
The Ever-Changing Field of Houston Estate Planning
Estate planning has evolved greatly over the past century, and it continues to change with each passing year. For example, estate planning attorneys must regularly adapt client plans to changes in tax laws. Keeping up with changes to the legal field and their implications for estate planning is a task…
How Recent Concerns Surrounding Conservatorships Can Play into a Texas Estate Plan
Once best known for her chart-topping hits, Britney Spears is now in the limelight for a much more somber reason. For over a decade, Ms. Spears has been under a conservatorship following a decline in her mental health. That conservatorship has recently gained attention and notoriety as Ms. Spears and…
How Cohabitation Complicates Texas Estate Planning
More and more Texas couples are choosing to cohabitate without getting married. For older couples, this arrangement is often intended to protect assets for their children. Couples should be aware that cohabitation can affect estate planning in unexpected ways, however. With the right trusts and estate planning lawyer, cohabitating couples…
Estate Planning in Houston as a First-Time Parent
Congratulations on your new arrival! When planning for a first child, there are a few tasks that cannot be put off. One of these tasks that is often overlooked is estate planning. In the event of the unthinkable, a well-thought-out plan for your assets can help ensure that your children…
How to Navigate Unforeseen Issues that Arise in Houston Estate Planning Process
Planning Ahead Reduces Family Conflict Planning for the division of assets and other desires upon someone’s death can be an uncomfortable and difficult process. Often, parents or other benefactors want to assume that their heirs and beneficiaries will understand their end-of-life wishes and cooperate in dividing their assets and making…
Shifting to Values-Based Estate Planning in Houston
Estate planning is a critical collection of documents that protects one’s assets and property for future generations. An “estate” is the collection of these documents, and it specifies who will protect ones’ wishes and act on them when the time comes. While estate planning is a centuries-old tradition that many…