For Texans of any age, having an organized estate plan is a wise step. The need to formulate estate planning documents can be expedited by the unforeseen. One specific and unexpected event is a poor medical diagnosis.Having the financial information organized is an...
Month: July 2018
Late celebrity chef’s beneficiaries could be up for dispute
It can be difficult for Texans - even those with significant assets and wealth - to compare themselves to famous people and their estate plans. However, important lessons can be gleaned when examining the legal issues that often surround a celebrity and their estate...
Leaving an inheritance to a minor requires extra planning
As is the case in the rest of the country, minors here in Texas may not directly inherit property. If you leave a bequest in your will to someone under the legal age of majority, your executor will need to spend estate resources and time to appoint a conservator to...
Combating misplaced beliefs about estate planning
Even the most vigilant Texans who make certain every area of their lives are well-organized might forget about estate planning. There are many reasons why this might be the case, but it is always a mistake. Having an estate plan that suits the individual needs is not...
If I am single and getting older, do I need an estate plan?
Not everyone in Texas has a family or friends they would like to leave their assets to after their death. These people may think that an estate plan is unnecessary. This is a fundamental mistake that should be rectified as soon as possible because even single people...