It can be difficult to face the mortality of a loved one. Unfortunately, when a loved one is diagnosed with a serious brain disease, family members do not have a choice. Diseases such as Alzheimer’s, Parkinson’s, and ALS bring families face to face with the reality of a family member’s…
Articles Posted in Estate Planning
Updating a Houston Estate Plan Before a Second Marriage
Before getting married, it is important to consider how the wedding will impact a current Houston estate plan. Second marriages often present complicated estate planning issues. This is especially true for those who have children from a previous marriage whom they would like to inherit some or all of their…
Planning for Incapacity through Texas Estate Planning Law
Estate planning is the process of preparing and managing a person’s assets and documenting final wishes. Houston estate planning attorneys frequently assist individuals in creating these essential documents. Estate plans typically include wills, financial power of attorney designations, medical directives to physicians and family, medical power of attorney designations, and…
The Importance of Creating Texas Advanced Planning Directives
Estate planning and advanced directives are a critical step that Texans can take to ensure that their wishes are effectuated if they become incapacitated or pass away unexpectedly. Estate planning is essential for all individuals, despite their wealth or age. Although, in some cases, Texas law provides residents with tools…
Issues Texans Face When Using Handwritten and DIY Wills
Individuals who are considering drafting a will should consult with a Houston attorney to ensure that their document is legally binding and effectively communicates their wishes. Wills provide representatives and loved ones with crucial guidance on how to name executors, appoint guardians for children and pets, and distribute property after…
Texas Ladybird Deeds and Medicaid Planning
Claudia “Lady Bird” Johnson is a well-known Texan and regarded by many as one of the first First Ladies of the United States to take an active political role alongside that of the President. However, for Texans, the term Lady Bird can refer to more than the former First Lady,…
The Texas Probate Process and How to Avoid It
When discussing Houston estate planning, there are likely to be many unfamiliar terms. Among these terms is the concept of “probate.” Probate is the part of the process by which assets are transferred after death, and specifically refers to the validation of a person’s will. However, the probate process is…
Am I Making One of the Five Common Estate Planning Mistakes?
“When is the last time you updated your will? Could your beneficiaries have changed? If you have a trust, did you actually fund it? Is your plan ready for the new SECURE Act? Here are five mistakes you don’t want to make.” You don’t have to be super-wealthy to see…
What are the Main Estate Planning Blunders to Avoid?
“Maintaining a valid and current estate plan is vitally necessary in order to ensure the efficient and orderly dispersion of assets after a person dies. However, even a small mistake can create huge problems during the settlement process, and in many cases, these errors are impossible for anyone to correct.”…
Are You ‘One of the Many’ Headed toward Financial Disaster?
Managing your finances likely isn’t the most exciting task on your to-do list, but it’s crucial if you want to reach all your financial goals and set yourself up for long-term success.” You may be saving for retirement, paying down debt or simply budgeting for your everyday expenses. Whatever your…