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When preparing an estate plan, there are two broad categories of options for distributing a person’s assets after death: probate and non-probate transfers. Probate is the process of administering a person’s will; and, due to the time, costs and complexities involved in probate, many people choose to structure their estate […]
Author: April Nordhaus
Although many people believe that they only need to worry about estate planning later in life, this is a common misconception. Regardless of your age, there are a number of important reasons to have an estate plan – not only to protect your personal assets, but to protect your family […]
Everyone should have an estate plan, regardless of wealth. And thanks to modern medicine, Texans are living longer lives. As we age, however, it is important to take time to make decisions about how our property and our healthcare should be managed in the event of a health crisis, as […]
If you have recently lost a loved one in Texas, it will be important to familiarize yourself with the probate process. Probate is the method the Texas courts use to administer the estates of individuals who die both with and without wills; and, while it is possible to structure an […]
If you have been putting money into an individual retirement account (IRA), it is important to consider what will happen to your IRA if you have savings left over at the time of your death. By thoughtfully incorporating your IRA into your estate plan, you can both (i) help reduce […]