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...
Year: 2015
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...
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...
Texas residents should take note when attempting estate planning
Many in Texas and elsewhere thrive on the challenge of taking care of household projects and repairs themselves in an attempt to save on the costs they might incur if hiring a professional. Some have a similar mindset where finances and estate planning are concerned....
Estate administration follows the legal rules of probate
After all is said and done in the way of estate planning, and with necessary modifications along the way, the day will come when the loved one's decedent estate will have to be administered. If a proper will was made during the planning process, the first official...
Texas residents’ questions about estate planning answered
Texas residents who have yet to create an estate plan will no doubt have a lot of questions about the estate planning process. Indeed, you might even be wondering what estate planning is or why you even need an estate plan. To answer this question, one...
Tips on discussing estate planning matters with heirs
Many Texas parents are uncertain whether to share the details of their estate plans with their adult children. On one hand, having these discussions can reduce the tension and stress that follows the loss of a loved one, since everyone will know what to expect. On the...
Family of Robin Williams at odds over estate planning
Many Texas residents are familiar with the work of comedian and actor Robin Williams. When Williams died late last year, he did so having put together an estate planning package that he believed would address the distribution of his estate between his intended...
The probate process in Texas
Most Texas residents only have to go through probate proceedings once or twice in their lifetime. As a result, the process tends to be mysterious and difficult to understand for the average person -- because most people do not have a lot of experience with it. Even if...
Passing down the Texas farm through estate planning
Many farmers and ranchers pride themselves on the meticulous care of their homes and property. Texas landowners are no different. A common consideration for someone who has put decades of sweat and toil into running a ranch is ensuring that the tradition will continue...