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Estate planning for some in Houston is a task that is often completed and then forgotten about. On July 31 we talked about the importance of revising estate plans annually. To go a step further, some authorities note that there are many individual life changes...
Estate planning is a very important step for people to ensure that their wishes are understood in the unfortunate event of their death. Estate planning helps Houston residents prepare for the future and protect their assets and property. On April 18, in a post titled...
When a court appoints a guardian to care for an elderly or disabled person, the individual appointed is entrusted with the responsibility to oversee and make many decisions in the best interests of the person under their care. Other times, guardianship alternatives...
The estate of Thomas Kinkade, including original artworks left by the artist, is said to be valued at just over $66 million. With that amount of money at stake, an estate administration battle is currently raging between the artist's family and his former...
There are many aspects of estate planning some may not consider as they work to plan for their future. One consideration for people in Texas may be the idea of long-term care insurance as a part of estate planning. This type of insurance, with some policies, can offer...
Princess Diana was one of the most famous people in the world when she passed away after a car accident in 1997. Prior to her death, she, like many people in Texas, had created an estate plan designed to ensure that her wishes for the distribution of her estate to her...
More than a third of wealthy baby boomers in Texas and elsewhere across the country have not discussed their finances with their children. In addition, these potential beneficiaries may not be aware that their parents may be planning to give much of their wealth to...
For some, creating an estate plan is about leaving money to their children. For others, the estate plan is focused more on funding a charity or organization that supports an important cause. Regardless of the intent of your estate planning, it is important that...
Building and maintaining a family business -- whether large or small -- can take time, money and effort, as many in Texas know. That is why it is important for many to consider how to save the family business when they begin estate planning. One of the considerations...
When a person creates a trust to distribute assets after their death, it is often with the intention to share their wealth with family members. In some cases, the amount of money being transferred to heirs is significant, a fact that can lead people to take creative...