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In the classic Disney movie The Aristocats, a wealthy woman puts her cats in danger when she informs her attorney that she plans to leave her vast fortune to her feline family. Her butler overhears the conversation and decides to claim the inheritance for himself by catnapping the furry heirs […]
Category: Estate Planning
People often think about Texas community property laws in connection with divorce but don’t consider how these laws affect probate. Community property laws can have a profound impact on what happens to your property when you or your spouse pass away. If you don’t have an up-to-date estate planning strategy, […]
The costs associated with all types of long-term care are rising at a painful rate. Even if you plan to age in place, you should have a plan for covering expenses such as the cost of in-home caregivers. The government can provide some resources to help pay for these costs, […]
Consumer debt in the U.S. currently stands at over $4.6 trillion according to the Federal Reserve. Even families in good financial standing hold considerable debts in their financial portfolios. So what happens to it when the debt holder dies? Does the debt go away? Does a family member have to […]
Power of attorney documents can serve as a valuable part of your estate plan helping to protect your interests in situations where you are not easily able to manage certain business and personal affairs. To understand how they operate and how you can use them to your advantage, it is […]