Houston families with an Alzheimer's patient must address the issue of financial planning as well as care and treatment. A number of planning tools should be discussed once a diagnosis has been made. Any family faced with helping a loved one who has been diagnosed with Alzheimer's disease has a…
Houston Estate Planning and Elder Law Attorney Blog
Financial To-Do List: The Master Directory and File Clean Out
Anyone who has cleaned out someone else's filing system knows that we all keep way more paperwork than needed. Spare your loved ones and get started now on cleaning up and creating a directory. Some people won't set foot into a supermarket without a shopping list. They are the people…
Make That Retirement Nest Egg Stretch As Far as Possible
Long gone are the days of pensions, when employers took care of all Houston retirement income. On the flip side, Houstonians are living longer and healthier lives. If X equals a longer lifetime and Y equals smaller retirement funds, how do you solve for Z? Making retirement money last longer…
Does Your Houston Home Have a Mortgage? Estate Planning Considerations
The moment you close on your home, you should make sure that your heirs will not be stuck with a no-win situation that leads to a home being abandoned, according to "What Happens When a Homeowner Dies before the Mortgage Is Paid?" in The Wall Street Journal. It may not…
Planning Tips for Houston’s Single Parents
Frankly, there is less room for error when a single parent is managing all of the responsibilities of raising a family. Five key planning guidelines are the focus of the Parent Herald's article "5 Financial Planning Tips For Single Parents For Your Family's Protection." Here are the top five most…
Houston Estate Planning? Consider Special Needs Child
Learning that your family will include a special needs child dramatically changes the narrative for families and most don't know what to expect, from providing care to financial planning. The New York Daily News explores the financial planning that needs to take place in "How to prepare a financial plan…
How to Talk To Your Houston Parent About Their Will
The natural tendency, according to "How to handle a parent not having a will" in New Jersey 101.5, is to postpone the preparation of a will after a husband or wife has passed. Grieving a loved partner is difficult and painful. The last thing they may want to do is…
Creating an Eldercare Plan is Important to Comprehensive Estate Plan
There is an expression among elder law attorneys called being "elderproofed," according to the Huffington Post in "Writing an Eldercare Plan." This takes planning to the next level, and includes things like how the person wises to be cared for, medical treatment preferences, whether they want to be cared for…
What To Do If Additional Assets Discovered After Estate Taxes Have Been Filed
Here's an ethical dilemma. You learn that your late mother had a safe with $100,000 cash in it after the estate has been finalized. Do you pocket the cash and tell no one, or add it to her assets? The temptation is obvious, but the right and legal thing to…
New York Proposes Law to Help Preserve Elderly Victim’s Testimony
The New York State Senate has passed a bill that will make it possible for testimony given by elderly witness to be preserved and used in criminal cases against their abusers, even if the elderly person has passed away or become incapacitated. WHEC reported in its news article, "Senate passes…