Elder law planning in Texas is a critically important process that goes hand-in-hand with estate planning. In elder law planning, the concern is more focused on the care of the elderly loved one during those late years when incapacitation may become an issue. The...
Month: March 2015
Insurance may be a vital part of long-term care plan
Long-term care insurance may be more of a necessity than some people think. The statistics say that almost 75 percent of senior citizens in this country, including in Texas, will need some form of long-term care prior to death. The cost of the insurance and the...
VA pushing estate planning penalties on some veterans pensions
In Texas and nationwide, many persons in private industry had to make adjustments to their estate planning over recent years as their pension plans took a hit from the recession and other economic pitfalls. The problem is now surfacing with respect to some veterans...
Early family discussions can make estate planning less stressful
Family members will greatly benefit from discussing how they may handle future caregiving issues regarding an aging parent. This is best done prior to any problems occurring, and may result in cutting down on stress, lost time and money in future years when health...
Divorce should prompt estate planning changes
When a Texas couple goes through a divorce, a number of tasks must be accomplished in the transition from one household into two. Estate planning is one of those items, and one that should rank near the top of any post-divorce to-do list. Newly divorced spouses will...