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When it comes to planning, the focus is typically on making you better prepared for the future. You should also remember that your will isn’t necessarily the only instruction when it comes to distributing

The following is a simple breakdown of some of the most common aspects of probate law in Texas. With some exceptions, such as trusts, life insurance payments, retirement plans, and a few other things A good Harris County probate lawyer will be able to guide the representative when it comes to how to

For some people, who are dividing everything equally, a large family meeting is best. Make Sure to Discuss Caregiving A lot of estate planning comes down to dollars and cents, but there are You can get some peace of mind knowing that your intentions are clear and that there will be no confusion Make Sure to Cover What is In Your Will There is a misconception among some that the contents of their Some people emphasize fairness and leave equal shares and to every family member.

Active engagement with your money can make a real difference when it comes to achieving your financial Rather than selective amnesia with tax season, try some financial awareness throughout the year because While many people are on the right track when it comes to their financial plan, there’s always room for

However, what if when the time comes they’ve moved or don’t want the responsibility.

. #2: Stop procrastinating: When it comes to deciding on your retirement, remember time is money! 2) transfer the risk to an insurance company; or (3) accept the risk, and the bad outcomes that may come

It should come as no surprise that many baby boomers are stuck dealing with an estate without a will. US News says that about 23% of people over 50 have prepaid for at least some of the funeral or burial Baby boomers are learning the hard way that it’s important to plan for the worst and hope for the best Having family planning meetings and going over all of the possibilities will help when the time comes

However, you both might have let some things slip through the cracks. you and your spouse are “singing from the same hymnal”—or in other words, on the same page when it comes These documents will contain a lot of information your children should know, so spend some time explaining

Depending too much on hope. When you retire, your amount of financial risk needs to change. Without a strategy to address taxes and other expenses, they fail to address the potential issues when it comes There are also some who regret not doing enough in retirement, saving every penny but afraid to do anything

Some of it can be paid for by insurance, Medicare and Medicaid. You also should identify the projected costs of care when it comes to Alzheimer’s and dementia because

confidence in the person selected as executor is a critical part of realizing the peace of mind that comes

During a face-to-face conversation with an experienced attorney, important issues tend to come out, like He or she will work with you to meet your goals and provide the peace of mind that comes from not worrying