It takes time and effort to plan an estate well and to ensure long-term financial well being. But, planning and preparation will not always prevent being taken advantage of. Even if it is not common, elder financial abuse is an unfortunate reality for some people....
Month: February 2017
The power of trustees, executors and fiduciaries
Residents of the Houston area likely know that having an estate plan is important, but they may avoid this process for a variety of reasons. For most, it is probably that they just don't understand many of the terms involved, which can admittedly be quite...
Estate planning involves creating will, living will
Aging and dying are two admittedly unpopular topics in Texas and elsewhere. However, they are also inevitable occurrences, so it makes sense to address them through detailed estate planning. A comprehensive estate plan features several important components.The last...
Different power of attorney documents
Most of our readers in Houston know that estate plans aren't made up of just a will. A good, comprehensive estate plan will have several other documents included as well, especially if avoiding probate litigation is a goal. And, among the most important documents in...
Estate planning critical for parents with special-needs children
Developing an estate plan is a necessary process no matter what one's family size or financial situation. However, it is especially critical for the parents of children with special needs. In Texas and elsewhere, one potentially helpful estate planning tool for such...
Facing the possibility of probate litigation
When Texas residents begin to think about their estate planning needs, they will likely start to hear a term they may not be familiar with: "probate." Probate courts are the courts that hear the cases having to do with the distribution of assets upon a person's death....
Estate planning begins with a discussion
With 2017 in full swing, now is an ideal time to focus on developing estate plans. Many people spend their entire lifetimes building their estates, so it only makes sense to take time to ensure that all of one's assets end up in the intended hands when one dies....
Beneficiaries can be concerned about preserving assets
Many of our readers have experienced the slow heartbreak of watching an elderly relative's health deteriorate to the point of near incapacity. While the primary concern in this type of situation is obviously the health of the relative, there may be important issues...