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Many people establish estate plans based on revocable living trusts to avoid probate. The popularity of these plans is based on a healthy fear of the probate process. Probate has a reputation for being long, complicated, and expensive. Is it always necessary in Texas? And is it really that bad? […]
Category: Estate Planning
A power of attorney is an important estate planning document that can be used in a variety of ways. Some uses are a matter of convenience, but others can have a huge impact on the lives of individuals and families. Often, a power of attorney is referred to as “durable.” […]
Your parents may not be old yet, but they are getting older—we all are. The time to consider plans for both emergencies and eventual transitions is now, before the need arises. When you wait to talk to your parents about making plans, they can feel pressured and confused. In those […]
Survivorship is not a topic that gets discussed much around the dinner table. In fact, people who have not had to deal first-hand with survivorship rights have often never even heard the term before. However, the concept is extremely important and can affect people in various circumstances. It is important […]
Marriage rates may be declining, but that does not mean that the number of couples living together in committed relationships is decreasing in any way. Many people see no need to go through the formalities of marriage. Others are prevented from marrying their partner due to financial or legal complications. […]