Estate Planning

If you’re asked by a family member or close friend to be the executor of their estate after they pass away, you’re likely somewhat flattered that they’re trusting you with this responsibility. However, it’s crucial to remember that even if they have a well-crafted...

When you fulfill a stressful, demanding personal responsibility, you with no doubt prefer to never need to complete that particular task again. However, that may not be a very realistic expectation, especially when it comes to your estate plan. You can't draft a will...

A will is one of the most important pillars of the estate planning process. Done right, a will articulates how you wish to have your assets distributed when you die. And if you have minor children, you should name a guardian for them in your will. But, creating a will...

No one wants to imagine losing their independence and ability to make rational decisions. Unfortunately, age-related ailments like dementia or a catastrophic accident can render you incapacitated and thus unable to make decisions for yourself. Including a power of...

If you're considering using a power of attorney as part of your estate plan, it can be a wise move. This power of attorney can be helpful if you're incapacitated for some reason and you can't make your own decisions. The person that you choose is legally allowed to do...

Texas law considers anybody under the age of 18 a minor. Minors are basically under the care of their parents who, besides the provision of basic needs, are also responsible for making legal decisions on their behalf. Should the parents pass on, the child becomes a...

When you write your will, you decide to include all of your financial accounts, along with instructions on how your heirs should divide up those assets. These accounts may be very simple, such as savings and checking accounts, or they may be much more complicated,...

While executors should always act in the interest of the estate and beneficiaries, it is not always the case. Some executors may seek to benefit themselves from the estate of the deceased, all at the expense of the heirs who may end up losing a lot. If this happens,...

Estate planning often starts with money. People are interested in determining how they're going to pass their wealth to the next generation. It's why they've decided to write a will or look into other estate planning documents. This is an important part of estate...

One of the biggest concerns that people with considerable assets have when they develop their estate plan is whether their children will be able to deal with a sudden influx of wealth responsibly. Even parents who know their children won’t blow their inheritance on...