Many people in Texas go to great lengths to make plans for the future, even including planning for a future in which they may no longer be present. Often, this includes the creation of important estate planning documents, including a trust. However, some people may be confused about whether they need a will in addition to a trust.
Is it necessary to have a will if there is a trust?
What is elder law?
Depending on a person's age and physical and financial well-being, his or her legal needs will likely differ. This is especially true for the elderly in Texas and across the country. As such, there are attorneys who specialize in elder law, ensuring that the needs of the elderly and their families are adequately met.
Absence of a will can create family conflict
No family is perfect. While all have their disagreements, there are some siblings who simply cannot get along. Unfortunately, this contention can continue -- perhaps even intensify -- after a parent passes away. However, having a will in place in Texas -- and giving the appropriate people access to it -- can often help reduce confusion and arguments between siblings following the death of a parent.
Role of power of attorney in elder law
Planning for financial security later in life is important, and many people in Texas understand this. However, people do not always anticipate that there may come a point when they might not be able to handle their own finances. Financial powers of attorney can help address this issue and are an important part of elder law. However, having a power of attorney for a loved one can be difficult, so here are a few things to keep in mind.
