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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...
Texans who are considering the value and utility of moving forward with comprehensive estate planning need only look at the current news reports regarding the mistakes made by well-known people who failed to protect themselves, preserve assets, account for tax...
Houstonians who are aging and their loved ones will inevitably consider the future and how to make certain that the elderly people or those with issues that might lead to incapacitation are protected. This is particularly important if health and competence are clearly...
Thanks to advances in medical technology, living a long and active life is increasingly possible. As a result, the possibility of living into one 80s and 90s has a direct bearing on the process of estate planning. This is particularly true for high-net-worth...
A trust is a powerful estate planning tool that a person in Texas can create while he or she is alive and can survive the individual's death. Trusts can additionally be created by wills and formally established in the event of one's death. Trusts essentially are...
Many Houston residents may have heard the phrase "power of attorney" used in the context of estate planning without fully understanding what the terms means and how it can help an individual or a couple prepare for their old age and, ultimately, their last illnesses...
Many Houston residents and other Texans may rightly choose to create a trust as their primary estate planning vehicle and will need to have some idea of what exactly a trustee can do and is expected do in order to pick the right person for the job. Other Texas...
With 2017 in full swing, many of us are working on some resolutions we want to complete this year. Some of us may have already broken a resolution or two. But it’s not too late — or too early — to start thinking about ways to make this year better...
Probate is a scary word that anyone familiar with the process of estate planning will immediately view negatively. This is because probate can be a time-consuming and difficult process. It can also be quite expensive. As such, many people who are creating their estate...
It is natural to want to avoid creating an estate plan. After all, people in Texas generally prefer not to discuss topics related to death, or they may think that estate planning is not necessary since they do not have many assets. However, developing an estate plan...