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- Considerations Before Owning a Business with Your Spouse
This could come into play during a divorce, the untimely passing of a spouse, or if one of you simply
- Joint Bank Account After Death: Who Gets the Money?
Common Rules and Regulations Regarding Joint Bank Accounts and Death Joint bank accounts come with various
- What You Should Never Put in Your Will: Guidance from Houston’s Premier Estate Planning Attorn
Certain assets, including life insurance payouts, retirement accounts, and payable-on-death accounts, come
- Estate Planning for Women | Houston Will and Trust Lawyer
Gone are the days when a woman was expected to stay home and live on an “allowance” if her husband chose
- Do You Need an Estate Plan If You Are Single?
However, if you hope to support an organization over an extended period, you might want to establish such arrangements as either a charitable remainder trust or a charitable lead trust – both options come
- Saying Goodbye Without a Major Hit in the Wallet
Also, funeral homes are required to provide pricing information by phone. Create a budget. Reputable funeral directors will either work within the budget or recommend a funeral home that can. The median price of a metal casket sold by a funeral home is around $2,400, and the high-end ones can However, you don’t have to buy a casket from a funeral home, and the funeral home must accept a casket You don’t have to buy a funeral home’s complete package.
- Administrator Vs. Executor: What’s the Difference?
When it comes to estate planning, understanding the difference between an administrator vs executor can We will also explore some of the duties and limitations of these roles and how you can get help planning Some common duties include: Identifying and safeguarding the assets of the estate Notifying creditors The fee amount varies widely depending on the type of estate and the complexity of tasks involved In some Court oversight — In some cases, the probate court may require the administrator or executor to obtain
- My Common Law Spouse Died. How Do You Prove Common Law Marriage After Death?
Some states do not acknowledge it at all, while others are more lenient in recognizing it. The Role of Witnesses in Proving a Common Law Marriage When it comes to proving a common law marriage evidence that demonstrates the couple has been living together and has had a committed relationship for some
- What is Trust Administration, and When Should You Get Professional Help?
Managing a trust that provides instructions for asset distribution after someone’s death comes with several Some common issues that untrained trustees face include: Analysis Paralysis – Lacking experience with Some successor trustees even refuse the appointment once learning what it entails. Some benefits of using a corporate trustee like a trust company or law firm include: Specialized Expertise
- How Joe Biden’s Tax Plan May Impact Your Estate Plan
With Biden winning the election, that means the expiration date may come sooner than anticipated. Capital Gains Taxes Since Biden’s win, some Americans have become worried about a possible increase in
- Younger Generation Expectation of Inheritance No Longer Supported
We learn everything from our traditions to our values from those who have come before us. In some countries it is actually illegal not to pass assets on to family heirs, and in others the practice At Your Legacy Legal Care, we understand the emotions, confusion, and frustration that can come from
- Why Having an Imperfect Estate Plan Is Better Than Not Having One At All
In any family, some siblings can be successful, while other siblings may struggle. Some children may have supported you in your old age and others may be estranged from you. support during your life, but unequal distributions at death may create great difficulties if they come