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How Do You Obtain Guardianship For An Incompetent Parent?
Obtaining guardianship for a parent who can no longer care for themselves is often overwhelming. Here are the basic steps involved in the process.
Read MoreHow Much Does It Cost To Set Up A Guardianship?
Guardianships are complicated and time-consuming. Unfortunately, they can also be expensive. This is how much you can expect to pay for a guardianship proceeding in Texas.
Read MoreWhat Is A Sole Proprietorship?
A sole proprietorship is a business operated by one individual (or a couple). The business is considered an extension of the individual (or couple), not a separate entity. The business profits and losses are included on the individual's personal tax return, and the individual retains personal liability for the business debts and lawsuits.
Read MoreWhy You Should Have A Statutory Durable Power Of Attorney
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.
Read More5 Estate Planning Basics For Same-Sex Couples & LGBT+ Individuals
Estate planning is even more important for LGBT+ individuals, yet it is often overlooked until it is too late. In reflection of Pride Month, let’s discuss the necessity of estate planning for LGBT+ individuals and couples.
Read MorePrenups As Part Of An Estate Plan
Prenups may be beneficial to a couple marrying, whether or not they are rich and famous. Here are some reasons why having a prenup as part of your estate planning could be wise, particularly if you have children from a previous relationship or more property going into the marriage.
Read MoreWhat Is Involved In Setting Up A Living Trust
Setting up a living trust is the best way to ensure your assets are passed onto the right people if you pass away. So how do you start the process? In this article, we will walk through the various steps you will need to take to set up a living trust with the assistance of an estate planning attorney.
Read MoreHow Much Probate Costs With And Without A Will In Texas
Many people are afraid of drawing up a will and doing other estate planning because of the perceived high cost. The truth is, drawing up a will is a small cost compared to the cost of probate of an estate if you die without a will and own almost any property.
Read MoreWhat Types Of Trusts Can You Use For Special Needs?
Trusts are an excellent tool to provide for the future needs of yourself or your loved ones. A trust can be especially beneficial if you have children with special needs, including minor children and adult children with disabilities. You can also create a trust for yourself if you need to apply for Medicaid and your assets exceed the limits to qualify.
Read MoreWhat Is The Cost Of Probate Or Administration Of An Estate In Texas?
One of the first questions the family of a loved one that has passed will ask is, 'What will it cost to settle the estate in Texas?'
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