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479 items found for "financial planning for elders"

  • Why Estate Planning Is Essential for Unmarried Couples

    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 Statutory Durable Power of Attorney This appoints an agent to act on your behalf for financial and legal It permits the person (or people) you name to manage your financial affairs and it allows you to avoid Call an Estate Planning Attorney Today To determine the estate planning options that are right for you

  • Powerful Estate Planning Tools for Charitable Giving

    Gifts are often finalized in a hurry – we rarely consider the tax or financial implications when making Here are just a few of the most powerful estate planning tools you can use when considering your charitable Your Legacy Legal Care at (281) 885-8826 or click here to schedule a meeting with our experienced elder law and estate planning team.

  • Starting the Long-Term Care Planning Process

    Growing older is a fact of life, and yet many families are not prepared to face the financial challenges The sooner you start planning for your long-term care, the better. What is Long-Term Care Planning? We recommend all of our long-term care planning clients begin by assessing their finances, their health Questions About Long-Term Care Planning?

  • Estate Planning When You Have a Stepfamily

    could not make you both any closer, so it is only fair that you make provisions for him in your estate plan A blended family estate planning attorney is just what you need. Frequently Asked Questions About Estate Planning for a Stepfamily I married someone with a child but portion of your fortune through your will, make explicit bequests, or leave them as beneficiaries on financial Stepparents will not inherit unless specific provisions are laid out in an estate plan.

  • Ensuring Your Legacy Through Estate Planning

    do not have to limit your plans to only financial matters. You can also use estate planning to pass on your values and highlight your principles. gifts as part of their estate plan. estate planning attorney. Protect Your Legacy with an Estate Planning Lawyer in Houston If you are revising an estate plan or just

  • Understanding Capacity Requirements for Estate Planning in Texas

    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. inheritance agreement under threat, or a spouse convincing their partner to allow them to handle all financial Our estate planning attorneys understand the intricacies of trust and estate planning in Texas and can

  • Make Retirement More Fun with Estate Planning

    The words “fun” and “estate planning” are not typically used in the same sentence. Most people see estate planning as a chore to muddle through. crafted estate plan. offer many long-term planning advantages. This is especially true when it comes to estate planning.

  • What to Know About Estate Planning After a Divorce

    changing so is your estate plan. Beneficiary designations on financial accounts rule over what you state in your Will. on your Will from your ex-spouse to someone else, but not your beneficiary designation within your financial It is always best to review your beneficiary designations on any financial account you own (checking, You should always meet with an estate planning and elder law attorney to discuss which options are available

  • How to Include NFTs in Your Estate Plans

    The Connection Between NFTs and Estate Plans If you are considering venturing into the world of NFTs, With enough forethought, you can include NFTs in your estate plan and ensure your heirs one day gain By creating a digital estate plan, you minimize the stress your family and loved ones experience at the The creation of such plans can also guard against risks like identity theft, fraud, and hacking. An estate planning professional can guide you through recommendations and important next steps to take

  • Guarding Your Estate Plans Against the Impact of Inflation

    estate plans. If financial stability for your spouse, children, grandchildren, or disabled loved one matters to you The Financial and Estate Planning Advice You Need Inflation is on the rise. and adjust your plans. A financial planner can also help run a stress test on your estate plans by running scenarios with even

  • Turning the Big 5-0? Start Planning Now!

    Here are six tax planning considerations of interest to those over age 50 from Next Avenue’s recent post , “2016 Tax Planning Ideas for People 50+.” As you close in on retirement age, make sure to max out your retirement plan contributions through an employer-sponsored plan like a 401(k) or an IRA. donor advised fund (DAF) account, which are charities set up primarily by community foundations and financial

  • Planning for Your Digital Legacy

    An estate plan often focuses on tangible property such as jewelry, artwork, money, and vehicles. Why Is it Important to Plan for Digital Assets? Planning for digital assets is important for several reasons. assets that you may own include the following: Social media accounts (e.g., Facebook, Twitter, LinkedIn) Financial Other estate planning considerations for digital assets include the following: Your estate plan can provide

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