Medicaid And Estate Planning Attorneys
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Community property is a system of property ownership that is recognized in Texas. It purports that when married people acquire wealth or property, each member of the marriage owns half of the acquisition. Community property and the disposition of property is often an...
Being appointed the executor of a loved one’s estate is an honor, but it is a role that many people are unfamiliar with. The following is a brief overview of the role of the executor of an estate. This post does not contain legal advice, so those who need further...
Having peace of mind that an estate planner’s will is valid is important for estate planners because they are using their will to dispose of their property and assets to their loved ones. As long as estate planners understand the importance of a will, and the...
Estate planning allows adults of all ages to plan for the future and protect their assets. A power of attorney is a legal document that allows a person, referred to as the ‘principal,’ to assign someone, referred to as an ‘agent,’ the responsibility of making...
One important aspect of the estate planning process that is sometimes overlooked is the importance of planning for incapacity. Estate planning tools can help estate planners prepare for if they become incapacitated in the form of several different types of documents...
There comes the time in the life of any estate plan to update the estate plan. Updating an estate plan is an important part of the estate planning process. Setting up an estate plan is important but it does not stop there. For that reason, estate planners should have...
Being the beneficiary of a trust can provide you with a certain amount of financial security. For most people who are in this position, these trust assets are about much more than money. After all, a loved one who is no longer here made the conscious decision to name...
Have you ever considered what would happen to your pets if something were to happen to you? Most people have an idea of how they intend to divvy up their wealth and possessions after they're gone but often overlook their four-legged family members. You might assume...
If you have multiple children, you are likely planning to include them as heirs in your will and other estate planning documents. While gifting your assets to your sons and daughters is a good thing, doing so smoothly may not be as straightforward as you would assume....
Have you been meaning to plan your estate but have never gotten around to it? If so, you are not alone. Statistics show that less than 40 percent of Americans currently have an estate plan. But that may soon be changing due to the Coronavirus pandemic wreaking havoc...
