It is not uncommon for Texas retirees to own a second home or vacation cabin where they spend part of the year. Even if they do not visit the family cabin very often, it may be that their sons or daughters enjoy the space with their own families at different times of...
Year: 2014
Determining guardianship alternatives in Texas
One of the most emotionally painful things for any Texas son or daughter to experience is to witness his or her parent lose the ability to think clearly. The fact is, dementia, Alzheimer's disease, strokes and other mentally incapacitating conditions happen to a lot...
The vital parts of good Texas estate planning
While it is true that Texas residents may complete the estate planning process for their relatives, it is also true that they are getting something out of it as well. Indeed, knowing that an estate plan is going to help loved ones avoid estate taxes and knowing that...
Beneficiaries will benefit from Texas probate assistance
The average Texas resident has never had to administer an estate that was in probate. Therefore, if you have been presented with the dilemma of administering an estate, it is probably the first time that you have ever had to navigate the court system in this regard....
Getting help with probate in Texas
A lot of Texas residents may become overwhelmed during probate proceedings. That is because they are already dealing with the tragic loss of a loved one, which is hard enough to bear, and now they have to try and navigate the complexities of probate proceedings....
Beyond estate planning: Is your information organized?
Texas residents are told that having even a basic estate plan including a will, powers of attorney and a living will is essential. That is true, but estate planning efforts could be in vain without organizing the important papers that family members will need if an...
The importance of wills in estate planning
It is important for Texas residents to set up a last will and testament if they want to dictate how their estates will be divided following their deaths. Incredibly, though, a full 70 percent of Americans do not have a will on file. However, when you consider how much...
Should I pick a professional to administer assets?
Estate planning can seem like an overwhelming process. There is a lot to decide, including where assets should go, how to protect the estate from having to pay any unnecessary fines or taxes and picking a personal representative to administer assets. While the duty of...
Estate planning concerns of farmers who strike it rich
Have you ever dreamed of striking it rich by finding vast reserves of oil in your back yard? The funny thing is, it actually happens sometimes. With the extra riches, though, come added financial responsibilities for Texas residents -- both in terms of managing the...
When beneficiaries are unintentionally left out of an estate plan
When it comes to planning an estate, attorneys must keep an eye out for potential problems and issues that could come up later on down the road. For example, what if a Texas grandfather decides to leave the majority of his estate to his grandchildren. He might create...