When people in Texas engage in financial planning, naturally their main focus is on creating secure futures for themselves. However, with estate planning, the focus is different. With trusts, in particular, the goal is to benefit charities and surviving loved ones in...
Month: September 2016
Beneficiaries an important area of focus during estate planning
Many people in Texas work hard to give their families the best lives possible. However, they often fail to create detailed plans for passing their assets to their heirs following their deaths. A couple of tips may help them engage in proper estate planning, including...
Power of attorney important estate planning document
Children who are 18 or older are legally viewed as adults in Texas and other states, which means their parents do not have the same rights regarding their children that they used to have. This can pose challenges for the parents, especially when it comes to the...
Trusts can be helpful estate-planning tools
A person's family in Texas can lose a lot if he or she fails to complete estate planning. Well-thought-out estate plans may include wills and trusts, among other documents. A trust, in particular, offers a wide range of benefits.Trusts are arrangements where trustees...
Estate planning important for domestic partners
The most recent U.S. census, which includes Texas, indicates that just 26 percent of households in America are comprised of married couples with children. Unmarried couples have unique monetary needs, which means they also have unique estate planning needs. A few tips...