Leaving a meaningful legacy for your heirs and beneficiaries takes planning. Inheritances are generally a direct result of a lifetime of savings and careful spending. But if you have been to the store lately or started the process of making a big purchase, you have probably noticed a sharp increase in prices. It appears our […]
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What Happens to a Personโs Debt When They Die? One of the most frequent questions I receive in my probate practice is how to handle the debts of a person who has passed away. Most people want to know who has to pay the debt and what happens if the debt is not paid. With
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A thoughtfully created estate plan is key to reducing challenges by family members or other outside influences. Below are 10 strategies to discuss and implement with your estate planning attorney that could potentially reduce challenges to your estate plan and create a more meaningful legacy for your beneficiaries. 1. DONโT PROCRASTINATE! If you wait to
10 Strategies for Avoiding Challenges to Your Estate Plan๏ฟผ Read More ยป
First, put down the red pen. Second, call your estate planning attorney. Can I Handwrite My Changes on the Will? A court reviewing a signed Will must determine the validity of the Will. In Texas, a Will is valid if it is typed and then signed by the person making the Will, or if it
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Can I estate plan to avoid probate? In short, yes, there are some ways to exclude assets from probate. What is Probate? Probate refers to the legal process for distributing the assets of a deceased person, and often requires the assistance of an attorney and a court proceeding. Not only does probate come with a
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Is there a Right Time to Estate Plan? Absolutely. When it comes to estate planning, there is no time like the present. Illness, death, and taxes are some of the few certainties about life and are also good reasons to think about estate planning. The problem is that there is usually no known timeline for
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