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How Do I Avoid Needing A Guardianship For Myself Or A Loved One?
Pre-planning is necessary to avoid needing a guardianship. People live much longer these days, and Dementia and Alzheimers are a common issue families face with loved ones or themselves. Pre-planning to deal with incapacity is very smart.
Read MoreHow To Find The Right Guardianship Attorney For Your Family In Texas
Guardianships are a complicated legal proceeding, but the right attorney can guide you through the process and improve your peace of mind. The key to finding the best attorney for your family is to research your options ahead of time, consider their communication style and personality, and discuss their fee structure to ensure nothing takes you by surprise.
Read More3 Reasons You May Need A Guardianship
Guardianships are a complicated legal proceeding. Most people have no clue exactly how complicated and expensive they are. In some situations, however, a guardianship is required to manage the affairs of a loved one.
Read MoreDo I Need A Trust? - When You Should & Shouldn't Set Up A Living Trust
I am frequently asked by prospective estate planning clients, "Do I need a trust?" The answer is the classic one: It depends. They are not a one-size-fits-all solution. Whether setting up a living trust is a good idea for you should be discussed with an estate planning attorney who has full knowledge of your assets, family circumstances, and desires.
Read MoreWhy You Should Start Estate Planning In Your 20s
Estate planning isn't just for rich or older individuals. Even young, asset-poor 20-somethings should start thinking about how their property will be distributed in the event of a tragedy. Drawing up an estate plan is not as much an action you need to take for yourself but one you should take for your loved ones.
Read MorePrenups Aren't Just For The Rich And Famous. 5 Reasons To Have A Prenuptial Agreement
It is a common misconception that prenuptial agreements are only for the rich and famous. The truth is, a prenup can benefit couples in a number of situations, even for us common folk.
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 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 MoreWhat Is The Simplest Probate In Texas When There Is No Will?
If your loved one died without a Will, transferring his or her assets to beneficiaries can be quite difficult. If no action is taken, assets will not be properly transferred and the beneficiaries will have to take some legal action down the road to straighten out the situation. In some cases, a costly determination of heirship proceeding and dependent administration of the estate may be required.
Read More6 Compelling Reasons to Have a Living Trust
There are at least six really good reasons for you to have a living trust in your estate planning package.
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