When a loved one is struck with the unthinkable, such as a diagnosis of impending Alzheimer's disease or another type of dementia, planning should start immediately if it's not already in place. Unfortunately, both in Texas and throughout the country, the stress and...
Month: December 2014
Estate planning is critical for asset control and peace of mind
The federal estate tax does not kick in unless a person's estate is worth more than $5,340,000. Most people do not have to worry too much about the federal estate tax, therefore, when they do their estate planning. However, some states have an inheritance or death tax...
Elderly planning can take on a personal face during holidays
Many different groups have holiday celebrations coming up in the next few months. We all know that the holidays can sometimes bring on the blues or temporary feelings of depression. Past memories and present loneliness may cause an older person to take on symptoms of...
Rival interests highlight importance of long-term care planning
There appears to be a competition between retirement planning and the need for long-term care funding. Add to that, the view shared by many observers in Texas and nationwide that Americans are in denial about the prospective need for long-term care, and a real problem...
Elder law planning extends quality of life in one???s last years
If you're one of the millions of baby boomers hitting retirement age, it is an ideal time to set up an elder law plan under Texas law. It will provide for long-term care if it becomes necessary. The fact is that becoming immobile and/or infirm in old age does not have...