There are many reasons why an estate plan in Texas might include the use of living revocable trusts. Such living trusts give the grantor the opportunity to distribute assets while alive and to fashion trusts in the shape and manner desired to provide for one's heirs....
Month: November 2014
Celebrities make mistakes in their estate planning provisions
Mistakes in the estate plans of recently deceased celebrities can be useful learning examples for residents of Texas or elsewhere. For example, a living trust is attractive to celebrities and many people because the terms remain private: it does not go through the...
Elderly planning includes choices of agents and caregivers
Residents of Texas and elsewhere may sometimes have difficulty deciding which children or loved ones to designate to handle one's individual estate planning and long-term care needs. While one's spouse is the natural first choice, it may turn out that the spouse...
Living will provides security for final healthcare decisions
Estate planning in Texas includes the area of making medical decisions for your loved one in the event of incapacity. Advanced directives are used to provide guidance for medical decisions after incapacitation and the inability of the loved to communicate his or her...