Baby Boomers are nearing or at retirement, and many are starting to think about what they want to happen to their assets after they pass. For this reason, many in the Fort Worth area, including Bedford, may start to think about estate planning. However, when executing...
Families in Texas come in all shapes and sizes these days. It is not unusual for a person with children from a previous relationship to remarry. Other times, a person has no children but is married, divorces and remarries. Blended families are becoming increasingly...
Intestate succession is the set of laws that explain what happens to a person’s estate when they die without a will or other testamentary plan. In Texas, as in other jurisdictions around the country, intestate succession is based on familial relationships and...
Estate planning is not only for the wealthy or elderly. Even young adults in Bedford can benefit from having an estate plan. After all, no one can anticipate when they will pass away and even a young person can suffer an incapacitating illness or injury. It is best to...
As hard as it is to imagine, there may come a day when we are no longer physically or mentally able to make decisions for ourselves. This inability to make decisions may last for a short period of time, or for the rest of our lives. Fortunately, there are ways to...
A will may be essential for assuring that your assets are distributed in accordance with your wishes and that a guardian cares for minor children. Selecting or changing an executor is an important part of estate planning because they help assure that terms of your...
The 4.7 million Americans who moved to a different state in 2019 had to get a new driver’s license, update their address, and find a new doctor. Anyone moving into Texas or making another interstate move should also update their estate planning documents to assure...
If you have a loved one with extensive medical needs, then your might be worried about their future after your gone. As we’ve discussed previously on the blog, a special needs trust might be a great estate planning tool for you to help provide for your loved one....
A lot of people put off estate planning. There’s no universal reason for doing so. Some people are scared to think about their own mortality, while others simply don’t see a need until it’s too late. Others think that their assets will pass down to their loved ones...
You may have a comprehensive estate plan in place detailing your end-of-life wishes and who you want to inherit your assets upon your death, but have you taken the step of discussing these plans with your adult children who will be affected by the plan? It is a step...
