When I speak to groups about probate and estate planning, I often get asked the question, “Should I talk with my parents about this?” When I tell them “Yes,” the next question is, “How do I do that?” The first question is easy to answer. Everyone needs to know the potential risks and consequences of not
In earlier blogs you learned what a Heritage Trust is, what some of the benefits of having one are, and how it can solve the biggest problems with passing assets to your loved ones. It is something you set up during your lifetime to protect and preserve the assets you leave to your children in ways
My family is going through one of our toughest times right now because my father-in-law made no plans. He was diagnosed with Alzheimer’s four years ago. He is highly functioning but has no short-term memory. Have you ever tried to reason with someone who has no short-term memory? He can come to a completely rational decision,
In earlier blogs you learned what a Heritage Trust is, what some of the benefits of having one are, and how it can solve the biggest problems with passing assets to your loved ones. It is something you set up during your lifetime to protect and preserve the assets you leave to your children in ways
In an earlier blog you learned what a Heritage Trust is, what some of the benefits of having one are, and how it can solve the biggest problems with passing assets to your loved ones. It is something you set up during your lifetime to protect and preserve the assets you leave to your children in
In an earlier blog you learned what a Heritage Trust is, what some of the benefits of having one are, and how it can solve the biggest problems with passing assets to your loved ones. It is something you set up during your lifetime to protect and preserve the assets you leave to your children in
In an earlier blog you learned what a Heritage Trust is and how it can solve the biggest problems with passing assets to your loved ones. It is something you set up during your lifetime to protect and preserve the assets you leave your children in ways they cannot do for themselves. It is a way
Why do most people prepare an estate plan? Most people do so to take care of their family or loved ones. But the shocking reality is that most of the estate plans we review fail to do this. While there are many reasons for that, we will focus on one of the most important reasons -
Guardianship is a legal process by which the courts appoint a responsible person to make decisions for another person. In the larger counties of Texas, it takes place in the Statutory Probate Court, and in smaller counties it happens in the County Court assigned to handle probate matters. The policy of the State of Texas relating
