Life insurance is a popular tool that is often used in planning a person's estate. This also applies of course to the estate planning regarding a married couple and their children. Traditionally, in Texas and elsewhere, the purchase of life insurance was designed to...
Texas is a state that has its share of natural and man-made disasters. The federal Centers for Medicare & Medicaid Services (CMS) are concerned that residents of health care facilities will be well protected and cared for during a future emergency. The owners of...
After retirement, the average person has about a 50 percent chance of needing to be cared for in a nursing or similar institution. The chances are that for many the cost of such long-term care services will be out of reach. For an average 2.5 years stay in a Texas...
In Texas, the preservation of one assets, preparing plans for how those assets may satisfy certain needs in one's elder years, and also having a plan for the distribution of assets to family and best friends are all major considerations to keep one's affairs in...
It's a common scenario in Texas and elsewhere: an elderly couple enjoying retirement face a crisis when one of them gets ill and incapacitated and needs to enter a nursing home or similar facility right away. The spouse at home is in relatively good health and is...
