Law Office of Sharon C. Stodghill

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February 2019 Archives

We handle probate matters from the start to the end

As mentioned previously on this blog, creating a comprehensive estate plan that covers both one's end-of-life decisions and steps to be taken after one's demise is an important step for Houston residents to take this year. Powers of attorneys are used to make essential financial and healthcare decisions if one is unable to do so. Additionally, one can avoid a situation where a conservator has to be legally appointed if they have a power of attorney in place. Similarly, having a will in place avoids the probate process.

What is a conservatorship?

Thinking about one's demise is difficult, and contemplating what would happen if one becomes incapacitated is even more troubling. However, having a plan in place for what should take place in case one is unable to make important financial and medical decisions for oneself is an important step Houston residents should take, as it can avoid a situation where the court has to appoint a conservator. A conservator is only appointed if there are no durable powers of attorney for finances and medical decisions.

The many benefits of early succession planning

You may have fond memories of your early days after starting your Texas business. Perhaps you were naïve and green, making many mistakes and teetering on the edge of disaster more than once. On the other hand, you may have had a solid plan in place that helped your realize profits from the start. Maybe you inherited your business from your parents or grandparents.