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October 2013 Archives

Texas estate planning not only for the wealthy

Estate planning is important for people in Texas, regardless of their net worth, asserts a recent article. It may surprise some of our readers to learn that the wealthy are among those who have the most difficulty bringing themselves to start estate planning. In fact, only 28 percent of those who define themselves as millionaires plan to enter into this very important process.

Texas estate planning can include long-term care planning

In Texas, as is the case elsewhere across the nation, people believe that they should plan for long-term care. However, a recent report notes that few people really know how to take such steps. In fact, there are only 10 percent of individuals across the nation who have purchased a long-term care policy as part of their estate planning.

Texas estate planning important for all

In Texas, people begin to plan their estate for many different reasons. Additionally, estate planning documents look different for each person because of the wide range of available options for people in our state. These options typically include wills, trusts, healthcare directives and powers of attorney.

Estate planning in Texas can protect from some actions

There are many situations that make people in Texas consider how they would want their estates to be treated when they die or become incapacitated. A recent case that may be of interest to our readers is just one of those situations. In that case, the potential marriage of a man may ride, at least in part, on his estate planning documents.