jcharliefoster

About jcharliefoster

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So far jcharliefoster has created 18 blog entries.

Have you had “The Talk” with Your Parents?

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

2018-11-28T15:13:10+00:00November 28th, 2018|

Do My Parents Need a Plan?

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,

2018-07-31T16:24:09+00:00July 31st, 2018|

Heritage Trusts: Benefit 2

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

2018-05-22T10:08:56+00:00May 22nd, 2018|

Protecting Your Children and What You Leave Them from Divorce or Lawsuit Using a Heritage Trust

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 -

2018-05-11T13:57:43+00:00May 11th, 2018|

What are some alternatives to guardianship?

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

2018-03-24T20:30:50+00:00March 24th, 2018|