One of the primary benefits of estate planning is the peace of mind that one's family members will be less likely to fight over their inheritances after one passes. Since many Texas residents enter the estate planning process for this express purpose, it may be useful...
Year: 2014
Important estate planning questions for Houston residents to ask
For an experienced estate planning professional, many of the questions one must ask regarding the estate planning process come second nature. Nevertheless, the average Houston resident may be at a loss for the kind of estate planning questions he or she needs answers...
Avoiding family feuds among beneficiaries through estate planning
One of the most important benefits of having a well-organized estate plan is have the peace of mind that comes from knowing one's relatives will not be fighting over their inheritance. In cases where property and the beneficiaries of that property are not clearly...
Wills and beneficiaries: Fate of Rooney’s body decided
As most Texas readers of this blog are aware, Mickey Rooney passed away earlier this month at the robust age of 93. Not long after his death, it became public knowledge that the Hollywood star's estate held a value of only $18,000. Rather than naming other potential...
Texas pet planning: Can my pets be beneficiaries?
Texas residents looking to plan the most complete estate possible may not be clear on how to handle their furry friends in those plans. In fact, for many estate planners, their pet is the most important "person" in their lives, and for these individuals, it is vital...
Texas estate planning and retirement account beneficiaries
Texas residents must consider all relevant factors during the construction of their estate plan. Wills and estate plans are best served when drafted in a way to ensure that one's beneficiaries receive what was intended. A recently deceased telemarketing executive...
Texas case shows importance of adult guardianship instructions
One important aspect of completing the estate planning process is having a living will on file. This way, if a Texas resident is incapacitated and unable to make decisions for him or herself, a medical power of attorney will be clearly defined. It is also important to...
Estate planning for Texas farm owners
The estates of Texas farmers may be affected by federal estate taxes upon the death of the estate owner. Therefore, it is important that farmers take potential liabilities into account during the estate planning process. If an individual passes away in 2014, private...
Basic concerns regarding the estate planning process
Common sense dictates that estate planning is best done sooner rather than later. No matter one's age, financial situation or health status, getting one's ducks in a row in this regard can bring an enormous amount of peace of mind. That said, each Texas resident will...
Estate planning and retirement: Texas is better than others
When it comes to planning one's estate and retirement, a change of location becomes a part of the plan for many American retirees. For example, some states levy more extreme inheritance and/or estate taxes than other states -- and some states do not levy any such...