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The first one is a third-party special needs trust. Will a Special Needs Trust Protect My Loved Ones’ Assets From Creditors? Most of the time, a special needs trust will protect your loved ones’ assets from creditors. There is one difference between a supplemental trust and a special needs trust. Why Do I Need A Special Needs Trust For My Loved One?

One area where we see this a lot is with spousal support modifications. We understand that resolving a family law dispute or crafting an estate plan is just one stop on a much If you want an attorney that will do more than just sit back and watch as the judge says one person gets

use trusts, LLCs, and other entities to shield your wealth and ensure it is passed on to your loved ones Providing for your loved ones — Estate planning enables you to provide for your loved ones, including Insurance planning — Insurance planning can help you ensure that your loved ones are provided for after

There’s one very important step that remains: a periodic review and update of your estate plan in its Death of a trustee, executor or a guardian: If one of the individuals you designated dies or changes common sense and think about what’s going on in your life and in the lives of your family and loved ones

If you are going through probate as an executor, you likely lost a loved one. This can be stressful, especially since you have lost a loved one, but it is your responsibility as an If the decedent did not sign their will, they essentially died without one. or complete other probate duties once the courts approve you. #4 Change the Provisions of the Will One

Our Texas bankruptcy laws are better than the federal ones when it comes to protections, but retirement spouse goes into a nursing home and making sure that they don’t go bankrupt taking care of their loved one What Happens to an LLC When One Member Dies, Especially in the Case of a Married Couple?

estate planning to ensure that assets are managed and distributed according to a couple's wishes after one When one spouse dies, their assets are transferred into the trust, and the surviving spouse is entitled Key Benefits of a Marital Trust Avoidance of Probate: One of the primary benefits of establishing a marital you navigate the complexities of trust law and ensure that your assets are protected for your loved ones your estate will be handled according to your wishes, providing security and support for your loved ones

Hegwood of Your Legacy Legal Care recently sat down with the Texas Chapter of the National Academy of Elder If you need assistance regarding guardianship matters, contact  one of our Houston offices today. For example, if a loved one with special needs is transitioning out of high school, the court assesses to discuss the necessity for guardianship or to put alternative systems of support in place with an elder

However, one of the biggest obstacles to the use of this system is legal. You should also let your executor, family, or other loved ones know the location of these documents in

Regular Updates: Adapting to Life Changes Estate planning is not a one and done. Major life events such as marriage, divorce, the birth of a child, or the death of a loved one can significantly a comprehensive approach, you can create a plan that protects your assets, provides for your loved ones It's about ensuring your wishes are respected, providing for your loved ones, and creating a lasting lawyer can help you navigate Texas law while setting up the brightest future possible for your loved ones

No one is saying that older folks shouldn’t marry. Elder law attorneys advise that those thinking about marriage later in life, at the time when personal One spouse can’t entirely “disinherit” their surviving spouse, regardless of what he or she writes in

of the most important steps you should take when considering how to best protect you and your loved ones A will is one of the most important aspects of a person’s estate plans, but without a trust in place, Your Future Plans Now with Our Estate Planning Guide These simple steps can prepare you and your loved ones