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One of the most important benefits of having a well-organized estate plan is have the peace of mind that comes from knowing one's relatives will not be fighting over their inheritance. In cases where property and the beneficiaries of that property are not clearly...
As most Texas readers of this blog are aware, Mickey Rooney passed away earlier this month at the robust age of 93. Not long after his death, it became public knowledge that the Hollywood star's estate held a value of only $18,000. Rather than naming other potential...
Texas residents looking to plan the most complete estate possible may not be clear on how to handle their furry friends in those plans. In fact, for many estate planners, their pet is the most important "person" in their lives, and for these individuals, it is vital...
Texas residents must consider all relevant factors during the construction of their estate plan. Wills and estate plans are best served when drafted in a way to ensure that one's beneficiaries receive what was intended. A recently deceased telemarketing executive...
One important aspect of completing the estate planning process is having a living will on file. This way, if a Texas resident is incapacitated and unable to make decisions for him or herself, a medical power of attorney will be clearly defined. It is also important to...
The estates of Texas farmers may be affected by federal estate taxes upon the death of the estate owner. Therefore, it is important that farmers take potential liabilities into account during the estate planning process. If an individual passes away in 2014, private...
Common sense dictates that estate planning is best done sooner rather than later. No matter one's age, financial situation or health status, getting one's ducks in a row in this regard can bring an enormous amount of peace of mind. That said, each Texas resident will...
When it comes to planning one's estate and retirement, a change of location becomes a part of the plan for many American retirees. For example, some states levy more extreme inheritance and/or estate taxes than other states -- and some states do not levy any such...
There is no better time than now to begin the process of drafting one's will. However, for many Texas residents, estate planning is a foreign process filled with lots of difficult decisions and challenging thoughts about one's own death. Considering these challenges,...
Most people don't want to think about what is going to happen to their personal property when they die. For this reason, estate planning and the questions that arise from the process are usually the last thing on any Texas resident's mind. Nevertheless, the question...