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In keeping with campaign promises, he plans to pay for these plans by raising taxes on corporations and Despite this change, the plans – if enacted – could have major implications for estate planning. if not planned for carefully. Planning Implications Estate planning always hinges on your specific assets and goals, but there are If you are planning on making any gifts, it is a good idea to consult with an estate planning attorney

get in the way of creating any kind of plan. Having an imperfect plan is usually better than having no plan at all.  Your children’s financial stability – now and perhaps many years into the future. Should you treat all children equally, or should their financial situations be considered individually following: Any plan is much better than no plan at all.

Get a financial plan first,” says that many folks do little planning, and that ends up increasing the But if you plan on getting remarried, or already have, here are some of the things to keep in mind: Consult State laws vary, and people thinking of a remarriage should meet with a qualified estate planning attorney Get a financial plan first” #AssetProtection #ProbateAttorney #ElectiveShare #Probate #ProbateCourt #

As you plan for the future, you may be wondering: what will happen to my pets should I become incapacitated Such a document will even allow you to create a caretaking plan that goes into effect the moment you You can also make plans to leave animals in the care of your preferred shelter or charity organization By making a plan ahead of time, you can ensure a seamless transition for your furry friends and ensure Your Legacy Legal Care has experience planning ahead for the well-being of your fur babies.

You may need to reevaluate some elements of your estate plan in light of the coronavirus pandemic, especially There are unique aspects of this crisis that your current estate planning documents may not be suited The language in some estate planning documents that is acceptable under normal conditions may cause additional When presented with a power of attorney that is only effective upon incapacity, a financial institution Before revoking and/or updating your current estate planning documents, be sure to consult with your

It doesn’t hurt to think about this question and use all the legal tools possible to plan for a future some guidance from the living will, but the person given financial power of attorney seems to be free A comprehensive estate plan will lay out what is to happen to significant assets, and these plans are Planning for disability or incapacity typically necessitates planning for long-term care in a nursing We do our best to make planning for disability and incapacity as stress-free and simple as possible.

who lived such an extraordinary life, or who died so long ago, would have radically different estate planning Done at Huntsville, the Second day of April 1863 Sam Houston It is remarkable how little estate planning

laws they knew with them, so an Americanized version of English Common Law is the basis of most estate planning In the estate planning world, the distinction between community and separate property is important for The second reason the distinction between separate and community property is important in estate planning This means that whenever you give someone a gift, or if you remember someone in your estate plan, the Contact Our Office with Your Estate Planning Needs This may all sound a bit complicated, but it is actually

When it comes to planning, the focus is typically on making you better prepared for the future. All of these help you on the path to your financial future and your long-term goals. That’s estate planning. While much of financial planning primarily benefits you, your estate planning primarily benefits your Speak with an experienced estate planning attorney to develop one.

topics at the onset of the marriage, it is possible to get your priorities aligned and to stick to the plan Prenup as Part of the Estate Plan A prenuptial agreement can wield a lot of power, but it is not necessarily a replacement for other estate planning. than an ending point when it comes to laying out your longest-term plans. a good idea to build on the cooperation that goes into putting it together to continue your estate planning

Houston, TX are often told that couples who create a prenuptial agreement are basically saying that they plan Each partner and their lawyers work together to identify income and assets and then to plan for how it What means will you use to plan for the future? What about children from a previous relationship? the future you want and create a plan to reach it. And, if there is not…perhaps the planning helped you avoid using the prenup later.

If this happens without the proper planning in place, this may force you into guardianship court. The following areas pertaining to your child are heavily restricted without essential estate planning Estate planning is an important aspect to consider, not just for older adults, but for young adults, Here are the key estate planning documents any adult over the age of 18 should have: Medical Power of Estate planning is a crucial step in caring for an adult child, especially during a major life transition