If there is anything that the recent months of unprecedented health concerns have taught, it may be that life is very fragile and uncertain. Yet many still put off creating an estate plan that could provide a future of security and stability for their loved ones. ...
Estate Planning
When can family successfully challenge my estate plan?
The passing of talk-show host Larry King led to contention between his wife and his children, as King reportedly left a handwritten will that disinherited his wife. King’s estate is reportedly worth $2 million. King and his wife were in the process of getting a...
No children? Three reasons you still need a will.
You and your spouse may not have children at the moment. Without children, you might decide there is no need for a will since your spouse will automatically inherit your estate. While this may be the case, there are still important reasons to write out a will even if...
What happens to my NFT and cryptocurrency when I die?
Whether talking about Non-fungible Tokens (NFTs) or cryptocurrency, digital assets are becoming more commonplace and can hold a huge amount of wealth. Accessing these assets is not always easy. Most forms of cryptocurrency require use of a private key. This key is...
Do I need a pre- or post-marital agreement?
Nearly everyone is familiar with the idea of a premarital agreement. Pre- and post-marital agreements are legal documents that dictate what should happen to a married couple's property and assets in the event of a divorce or death. While most people know about the...
Did the pandemic inspire you to get an estate plan?
If so, you are not alone. But what is the first step? If you are interested in putting together an estate plan, you may feel overwhelmed. Do you write a will? What about a trust? What is the right choice for your family? The following will answer some common questions...
What business owners should know about estate planning
Owning your own business comes with a lot of responsibilities. You work hard to keep it running and make it a success. You have to make important decisions every day and keep relationships with your suppliers and customers strong. Yet, one thing you may overlook on...
A primer on probate: What is it and how does it work?
Probate is the legal process that uses the court systems to officially recognize a will. During this process, the court will appoint someone to help make sure the terms of the will are met. The court refers to this individual as the executor. The executor will then...
Guardianship requires the approval of the court
Having a parent face an Alzheimer's diagnosis can be difficult for any Texas resident. Though many people who receive an early diagnosis may be able to continue making their own decisions and living on their own for a time, eventual cognitive decline usually makes it...
Does a living trust make sense for your estate plan?
As you create or revise your estate plan, you will want to make sure your wealth remains intact once it passes on. You may have concerns, then, that putting your assets in a will could devalue your estate. While wills have their place and purpose – especially in...