Blog


Jul

3

2024

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What Is The Cost Of A Simple Estate Planning Package

Posted by: Adair M. Buckner

People frequently delay drawing up a Will or other pieces of an estate plan because of concern for the cost. However, the cost of preparing a simple estate plan package is very reasonable. Compared to the expense of handling your estate without a Will, it's a bargain.

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Jun

13

2024

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When Is The Cost Of A Living Trust Not Worth It?

Posted by: Adair M. Buckner

One of my biggest pet peeves over the years has been the over-selling of living trust packages to folks doing their estate planning. There are definitely times when a living trust is a good estate planning tool. However, for many individuals a living trust is an unnecessary expense.

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May

15

2024

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Why You Should Have A Statutory Durable Power Of Attorney

Posted by: Adair M. Buckner

An important component of an estate plan is a statutory durable power of attorney, otherwise called a general power of attorney. This power of attorney allows you to name an agent to carry on business-type activities on your behalf if, for any reason, you are not able to do so yourself.

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May

9

2024

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Why You Need A Living Will And Medical Power Of Attorney

Posted by: Adair M. Buckner

If you have ever gone through a hospital admissions process, you've likely been asked if you have a living will (also known as a directive to physicians) and a medical power of attorney. Here are the main benefits of both—and why they're worth the investment.

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May

7

2024

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How Long Does The Probate Process Take? [Probate Q&A Video Series]

Posted by: Adair M. Buckner

A widely-held belief about probate is that it is long and expensive. That is often not the case. How long it will take and how much it will cost depend on a number of factors. In most cases, it is not a lengthy or horribly expensive process.

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Apr

25

2024

image for How Soon Must A Will Be Probated After A Death? [Probate Q&A Video Series]

How Soon Must A Will Be Probated After A Death? [Probate Q&A Video Series]

Posted by: Adair M. Buckner

How soon must a Will be probated after death? In Texas, generally a Will must be filed within four years after the date of the death, but I encourage you to do it sooner rather than later. Neglecting to probate the Will can leave you in a more painful situation in the long run.

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Apr

11

2024

image for Don't Be Afraid Of Probate: What Probate Is & How It Works [Probate Q&A Video Series]

Don't Be Afraid Of Probate: What Probate Is & How It Works [Probate Q&A Video Series]

Posted by: Adair M. Buckner

What is probate? Probate, while usually referred to as any legal action to handle an estate, is actually the administration of a Will upon the death of an individual.

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Apr

4

2024

image for Estate Planning Is Not Just For Old People: The Benefits Of Early Estate Planning

Estate Planning Is Not Just For Old People: The Benefits Of Early Estate Planning

Posted by: Adair M. Buckner

Unfortunately, it's all too common for parents to put off estate planning to protect the settlement of their estates for the loved ones left behind because they don't believe they are old enough to think about this. Or, commonly, younger people believe estate planning is too expensive for them to take on at this stage in their lives. Neither of these things are true!

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Mar

7

2024

image for Do I Need A Living Trust? [Estate Planning Q&A Video Series]

Do I Need A Living Trust? [Estate Planning Q&A Video Series]

Posted by: Adair M. Buckner

Many people have heard the term living trust and think it is a magical estate planning tool for everyone. For some people, a living trust truly is a smart way to handle their estate, but for others, it is an unnecessary expense.

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Feb

22

2024

image for Use This Slick Trick To Transfer Real Estate Without Probate In Texas

Use This Slick Trick To Transfer Real Estate Without Probate In Texas

Posted by: Adair M. Buckner

Texas law has recognized an estate planning trick that is extremely effective to help avoid probate and is low cost, called a deed with an enhanced retained life estate or “Lady Bird” deed. This tool can be used for all types of real estate interests.

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