Statistics applicable to Texas and nationwide say that only half of the Baby Boomers generation have made a will. In that respect, many of us have to admit that we are sometimes "penny-wise and pound-poor." Thus, saving the relatively modest expenses of preparing an...
There are two dramatic statistics that stand out on the subject of elderly planning. First, according to the Long Term Care Group, the average annual cost of a room in a skilled nursing home was $97, 611 in 2014, and it could have been as much as $147,982. Secondly,...
According to the National Health Policy Forum, the annual cost of nursing home care in 2012 was between $81,000 and $90,000. Assisted living facilities cost an average of $42,000. Most retired Americans, including those in Texas, cannot afford to finance such high...
Probate takes place after the individual is deceased. It entails a situation where the decedent had sufficient assets in his or her name to qualify for the necessity of court administration of those assets pursuant to law. In Texas and other states, probate involves...
