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In order to create a comprehensive estate plan, it helps to be familiar with your state’s laws and regulations The Lone Star State presents a number of unique challenges when it comes to estate planning. This makes them an invaluable tool for estate planners. Kids play a role, too; spouses and children usually split the estate evenly. thorough estate plans.

If you have a trust to avoid probate and distribute assets, the process might be easier for all parties How Does Dementia Affect Estate Planning? To avoid probate, you may want to place your assets in an individual revocable trust for your children The estate then goes into probate. Speak With an Attorney About Options for Estate Planning There are many myths about estate planning out

Here are some things that this Houston estate planning attorney recommend women keep in mind: Estate Estate Planning Tips for Women #2: You Have an Estate, So Protect It It is easy to forget that “estates Estate Planning Tips for Women #3: Trusts Can Be Your Best Friend Again, it can seem like a “trust” is Instead, trusts can be used to make sure you pass on the most of your estate possible to your beneficiaries how the assets of the trust are to be used.

At Your Legacy Legal Care®, our compassionate Houston estate planning attorneys  are here to break down Life Estate Deed A life estate deed allows you to stay in the home for the rest of your life while bypassing Whether you are exploring trusts, life estate deeds, or other options, we provide tailored solutions Your online search for “ estate planning law firms near me ” brought you here. Together, we will create an estate plan that keeps your home and your family’s future secure.

I know you trust your child completely, but there is always a possibility that your child may change distributing your assets to your heirs and make sure your wishes are followed, talk to an experienced Houston estate

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. For healthy people, a will or trust plans for the “what if?” 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

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 has his or her own objectives, but many of them are attempting to influence decisions related to his estate 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

There are many misconceptions about estate planning and implementing any of them into your estate plan The following are some common myths that people have about estate planning: Estate Planning Myth 1: “ My Estate Isn’t Big Enough to Need Planning” Depending on how small your estate is, it is true that you A medical power of attorney appoints someone you trust to make medical decisions for you in the event Jointly-owned property, property in trust, life insurance proceeds, and property with a named beneficiary

We will delve into the role of an estate attorney in Texas, the importance of wills and trusts, and the Key components of a Texas estate plan include: Wills Trusts Powers of attorney Advance healthcare directives Trusts: Privacy, Protection, and Tax Benefits Trusts are another important component of estate planning Key Estate Planning Documents In addition to wills and trusts, there are other important documents that Choosing Executors and Trustees Choosing the right executor and trustee is a critical part of estate

Here is a handy checklist for all your estate planning needs: Your Will Even if you already have a will organization of your choice rather than your former spouse or partner Creating or reestablishing a trust Choosing a guardian to care for your kids should you become incapacitated Naming a new executor for your estate 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

Let’s discuss an estate plan vs. a will. Your Houston Estate Plan Might Need a Trust Trusts form a vast portion of estate planning. After being placed in a trust, a piece of property is removed from the owner’s estate. The Texas estate planning lawyers at Your Legacy Legal Care™ are well-versed in the Texas law on trusts Expand Your Estate Plan With a Houston Estate Planning Attorney We offer complete estate planning services

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?