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Dauman said there were plans in place to determine what happens to Redstone’s ownership interests in the subject of a recent article in the Los Angeles Times entitled “Viacom CEO explains succession planning Under the succession plan, seven trustees would oversee Redstone’s National Amusements interests, including The four other trustees are Redstone’s estate planning attorney, a Viacom board member and longtime Redstone Reference : Los Angeles Times (December 8, 2015) “Viacom CEO explains succession planning for aging media

To ensure that you plan accordingly, be sure that the health insurance plan that you decide to enroll planning attorney. Many people do not know that estate planning attorneys often work with insurance agents to provide their If long-term care insurance is not an option due to existing health conditions, estate planning and elder Unsure about how to start planning for future healthcare costs?

These letters can be kept with your estate planning documents.  Estate planning certainly deals with death, but it also gives us a reason to think about life and the planning. your estate.  planning lawyer. 

of the most frequently asked questions our Houston elder lawyers receive is, “When should we start planning That is why it is so important to plan now for any future care you may need. While it is true that most people living in long term care facilities are older, planning for long-term When setting up your plan, it is important to meet with an attorney that not just handles estates, but If you have any questions about a long-term care plan or would like to discuss the documents that you

Baby Boomers need to adjust how they think, especially about the thought of slacker Millennials living with their parents, depleting the fridge and glomming off others. When it comes to managing their financial lives, those in the generation born between 1982 and 2000—about 83 million Americans—are making smart, somewhat surprising choices. Maybe we can all learn something from today’s 20- and young 30-somethings. AARP’s article, “What Millennials Know About Money and Work,” tells us that about 40% of millennials bumped up their 401(k) contributions in the past year. That’s about twice the percentage as that of boomers, according to research from T. Rowe Price. In addition, more millennials know how to stick to a budget. About two thirds of 18- to 29-year-olds don’t have even one credit card, research from Bankrate.com showed. Compare that with about one-third of those who are age 30 or older. There are really two reasons for this: (1) millennials entered the credit space when the market was really tight and debiting was the only option available to them; and (2) they realize credit is a really fast way to get in trouble with debt. Are you overusing your credit cards? In other words, is your credit card balance going up every month, or do you use one card to pay off another? If yes, look to the millennials for some guidance and remove them from your wallet. Reference: AARP (December 2015/January 2016) “What Millennials Know About Money and Work” #ClearLakeAssetProtection #Millennials #TaxPlanning

Estate Planning for Adopted, Biological Children In most estate planning situations, adopted children estate plan accordingly. Additionally, if no estate plan is done, or you have your estate plan leave everything you own to your , birth, or adoption – it is important to update your estate plan. Recalibrating plans with an estate planning attorney can help ensure every member of the family is factored

But The Brainerd (MN) Dispatch reports in “3 common estate planning questions, answered,” that there That’s estate planning. While much of financial planning primarily benefits you, your estate planning primarily benefits your The basic component of your estate plan is your will but there may be other parts you need. Speak with an experienced estate planning attorney to develop one.

Creating an estate plan for you and your spouse can often be a challenge. However, no matter how uncomfortable, it is essential that you discuss your estate plans with your loved Unfortunately, these are two topics that fall under the umbrella of estate planning. There is no handbook for talking about estate planning, but the more straightforward and upfront you If you ever have questions about estate planning or how to talk to your loved ones about your plans,

most common assets that are passed outside of Harris County probate for your reference: Assets held in joint , or other assets with a transfer-on-death provision Pension plan distributions Remember, non-probate An attorney can help you utilize legal tools and planning to minimize your exposure to probate, or avoid But, only an experienced estate planning attorney can help you set up your assets to ensure that outcome If you would like to speak to a probate lawyer today to set up an estate plan to best protect your assets

When you set up a trust with your trust and estates lawyer in Houston, you will discover that there are family is to talk to a Houston trust and estates lawyer.  Our attorneys are available to sit down with you to review your estate plan and consider how a trust or other estate planning tools can best meet your needs.  To schedule a planning session, call us at (281) 885-8826 and mention this article.

The Huffington Post’s article, titled “5 Ways to Plan Your Estate,” says you can make this process a lot easier for your loved ones with these estate planning tasks. planning attorney. Speak with an estate planning lawyer to analyze your situation and to determine what’s best for you. Reference: Huffington Post (July 11, 2016) “5 Ways to Plan Your Estate” #AssetProtection #EstatePlanningLawyer

But that isn’t so, says CNBC in the recent article “Don’t make these celebrities’ estate-planning blunders Signing a will is just the beginning: you need to regularly update your estate planning documents and Mistake #3: No Tax Plan. People forget about personal property in their estate planning, which can trigger lots of fights over Reference: CNBC (Sept. 17, 2016) “Don’t make these celebrities’ estate-planning blunders” #AssetProtection