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April 2015 Archives

Estate planning mistakes Texas residents should avoid

When constructing an estate plan, there are a number of considerations that must be made. Individuals and families in Texas must determine how they wish their wealth to be distributed after their deaths and then determine which estate planning tools are best suited to reach their desired outcomes. Each scenario is unique, but there is a solution to fit virtually every set of needs. When creating an estate plan, it is very important to avoid errors that can derail even the best-laid plans.

Social Security beneficiary concerns addressed in recent article

A rising concern among women regarding Social Security benefits was addressed in a recent article. Texas residents may want to research the topic of certain beneficiary concerns that many women have apparently raised. The article focused on issues with regard to former spouses, wives and widows.

Avoiding the probate process in Texas

One of the most important benefits of a well-organized estate plan is the fact that it can enable family members to avoid probate proceedings. There are several strategies available to Texas estate planners that are effective for the purposes of avoiding the probate process. Depending on one's situation and needs, one of the following three options may be an appropriate strategy to bypass probate in your case.

Finish your estate planning now rather than later

Not matter how much wealth you have been able to accumulate during your life, it is vital to have a functioning estate plan. Indeed, estate planning is not just about distributing money to your heirs. Estate planning is about making life easier on your heirs when you are gone, and it is also about making life easier on your caretakers in the event that you become incapacitated.