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Articles Posted in Trusts and Estates

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Houston Boomers – Beware of These Estate Planning Blunders

David Cutner, partner at Lamson & Cutner, attorneys for the elderly and disabled offered the following tips for both estate planning and long-term care for boomers. A recent Fox Business article reported that the majority of seniors are completely in the dark on one of the biggest financial risks they are…

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Houston Scam Alert! Don’t Fall Victim to Estate Planning Cons

Constantly in the news, it seems like there is a new scam making headlines. One surprising area in which scams are becoming more common is estate planning. Each year, more people fall victim to unscrupulous and unqualified sellers of ineffective estate planning documents. Often, these scammers are door-to-door salesmen or…

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Yes, Houston. You Really Do Need a Will

If for no other reason, you need a will to name an executor (or executrix). So, do you really need a will? Yes. Really. A recent Forbes article titled "Do I Really Need a Will?" recommends that you should have a will to at least designate an executor or executrix…

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Hey, Johnny Football … Protect Your Money From Getting Sacked!

Manziel is living in the moment and enjoying himself, which is something that Namath did throughout his career, continued Mr. Beatrice. We see a potential problem, however, with his outgoing and festive behavior, and it is not directly related to his abilities on the field. Let's talk about the possibility…

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Estate Planning Must-Dos For Houston College Students

After traveling to Mexico for spring break, Alex developed a severe intestinal bug that landed him in the college infirmary. Franc rushed to visit him there, only to find that doctors refused to discuss his son’s condition, citing privacy concerns. If you have a college-aged child, you may need to…

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Houstonians Can Back Up Life With An Estate Plan

…As with hard drives, our limited shelf life requires that we make the most of each day while also planning for a peaceful transition. Having loved ones struggle with managing unorganized financial affairs with no assistance only prolongs grief and blemishes fond memories. Why do most of us give more…

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Robin Williams Set Up Trusts To Protect His Children From “Affluenza”

Some people decide, as Robin Williams apparently did, that it's better to hand down wealth to adult children while you, the parent, are still alive. (Of course, you have to have more than enough assets for yourself to be able to do that.) One benefit is that you will have…

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Baby On Board in Houston? Have You Discussed Life Insurance and Estate Planning?

Why would parents procrastinate on something that it so important to their family’s well-being? The fact of the matter is that life insurance and estate planning are two topics that most people just don’t want to talk about. It is no fun to think about your own demise and picture…

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Phillip Seymour Hoffman’s Passing Spurs Estate Planning Lesson

His Will was written before the birth of his last two children and never updated; thus, his estate plan is completely silent about his wishes for them. The actor's death also highlights the effect that marriage can have on an estate plan. It seems that once a high-profile celebrity passes…

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Estate Planning Pointers for Blended Families in Houston

No one wants to leave their heirs with a mess to sort out or fight over. Here's a look at the top six things to remember when you're estate planning for a blended family. If you are remarried, how does the new marriage affect your estate planning? There are many…

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