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Here is a handy checklist for all your estate planning needs: Your Will Even if you already have a will your former spouse or partner Creating or reestablishing a trust for any children you have Choosing a guardian to care for your kids should you become incapacitated Naming a new executor for your estate Powers You may want to solicit the help of a trusted estate planning attorney for this task. Too often, we hear stories where people fail to take care of estate planning concerns after a divorce

In an ideal world, people would be as excited about estate planning when they turn 18 as they are about The reality is very few young adults take the time to craft even the most basic estate plan. Why does an 18 year old need an estate plan? Most people don’t think about estate planning until they have children or reach retirement age. What does a typical 18 year old’s estate plan look like?

That is a staggering statistic, even for me as a Houston estate planning lawyer that works with sick Everyone needs estate planning, but for the chronically ill there is a high sense of urgency. Additionally, an estate planning lawyer in Houston can help you utilize tools such as trusts to protect A living trust can also give you the peace of mind knowing that your estate will easily be passed to #estateplanning #HoustonEstatePlanning #Medicaid

The only constant in estate planning is change. They include: Annual Gift Tax and Estate Tax Exclusions Are Increasing For the first time since 2018, order to reduce your taxable estate. Update Your Estate Plans Now Making sense of estate planning laws often requires professional help. important to consult with your financial advisor and estate planning attorney.

Given that he has a fortune estimated at more than $5 billion, Sumner Redstone could hire the best estate The New York Times’ article, “In Sumner Redstone Affair, His Decline Upends Estate Planning,” explains Regardless the size of their net worth, a good number of those people will consult with estate planning Reference: New York Times (June 6, 2016) “In Sumner Redstone Affair, His Decline Upends Estate Planning Wills #ElderLaw #estateplanning

While estate planning is important for married couples, it is arguably even more necessary for couples Without an estate plan, married couples would not be able to make end-of-life decisions or inherit from Without a solid estate plan, your partner may be shut out of the decision-making and the estate. Your will is important for two main reasons: If you have minor children, it permits you to name their guardians Call an Estate Planning Attorney Today To determine the estate planning options that are right for you

Understanding Estate Planning in Texas Estate planning is a process that involves making plans for the However, federal estate tax may still apply, depending on the size of your estate. Understanding probate and estate taxes is crucial in estate planning. estate planning attorney. estate plans.

planning your wedding, you and your partner should discuss several serious topics and consult with an estate

With a laser focus on their goals, some of the most successful people in business forget to create an estate While your business might be your legacy, all will be for naught without an estate plan in place. Federal estate and gift tax exemptions also increased in 2022. The Best Business Plans Include Estate Plans You have worked hard to build your business. Take time to ensure its longevity by creating an estate plan.

found themselves in a tailspin because a loved one passed away or became incapacitated without a proper estate In addition, you can use a will to name guardians for your minor children and even your pets. , pension or retirement accounts, bank accounts, divorce records, birth/adoption certificates, real estate Houston Estate Planning Attorney If you do not have these documents in place, call our Houston Will and #estateplanning #EstatePlanningLawyer #Wills

In Texas, to create a proper estate plan, you must have the necessary mental capacity to execute a legal Is there an already established estate plan in question that concerns you?  a valid will or estate plan. one to be examined by a physician and declared mentally incompetent, and then the court will choose a guardian Our estate planning attorneys understand the intricacies of trust and estate planning in Texas and can

Families with children with disabilities need to take extra precautions in their estate planning.   plan for your loved one with a disability to enhance their life after your passing with special needs estate Doing so also allows parents to select alternate guardians in case they pass away unexpectedly. many individuals with disabilities benefit from, however, you must be careful when establishing an estate Special Needs Estate Planning Attorney These planning tips require serious consideration and a lot of