The key problem that arises with respect to elderly planning is the high cost of extended care facilities during one's later years. Many people do not begin to even thing about long-term care until they hit their eighties, but due to the five-year look back period it...
Elder law professionals and financial advisers in Texas and elsewhere generally recommend that a family have an honest and forthright conversation with an elderly loved one to discuss the elderly person's wishes and intentions for those later, advanced years in life....
When a person dies in Texas, his or her will provides for appointment of an executor to handle the estate's administration. If there was no will, the statutory law of Texas designates persons who may qualify as an administrator of the estate. An executor or...
Estate planning for Texas residents requires experienced professional assistance. The process goes beyond the preparation of a simple will. Instead, estate planning entails a number of legal instruments and strategic planning decisions that must be geared to the...
