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Many people are afraid the high cost of nursing home care will deplete all of their assets in their later years. Honestly, however, there are many more people who aren’t worried and probably should be. Without a plan for long-term care, families often find themselves panicking when a crisis hits. […]
Category: Wills & Trusts
Guardianship is considered a drastic measure in many cases. When a guardian is appointed for a minor, the process is serious because it’s important to choose the right guardian, but the need for guardianship itself is usually not questioned. A child needs someone who can legally act on their behalf, […]
People make a lot of assumptions about wills and how they operate in Texas, and a surprising number of those assumptions are wrong. While the full list of misconceptions about wills is too long to describe here, we will review some of the most common. You Don’t Need a Will […]
A testamentary trust is simply a trust established through provisions in a will as opposed to a trust someone sets up with a separate document during their lifetime. To understand what a testamentary trust can do and whether you need one, it is necessary to look into the details and […]
It is natural to want to provide for children, grandchildren, and other family or friends who are younger. When those potential beneficiaries are under the age of 18, however, you need to take some extra steps with your estate plan to ensure that they receive the full benefits that you […]