Important Steps to take After the Passing of a Spouse
Texas Trust Law » Probate
by Wade Williams
3d ago
The death of a spouse leaves a long list of things to do, all while you’re grieving. It can be tough to know exactly what to tackle first ..read more
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Preparing Your Adult Children for Their Inheritance
Texas Trust Law » Probate
by Wade Williams
3w ago
Discussing inheritance early avoids surprises and prepares your children to manage the wealth and responsibilities they’ll inherit ..read more
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Uncovering a Life Insurance Policy for a Deceased Loved One
Texas Trust Law » Probate
by Wade Williams
1M ago
Discovering a life insurance policy for a deceased parent or spouse can provide much-needed financial support during a difficult time ..read more
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Godparents Lack Legal Rights Unless Named as Guardians
Texas Trust Law » Probate
by Wade Williams
1M ago
Godparents provide spiritual guidance and mentorship to your children. However, they can only legally care for your kids if you name them guardians for minor children ..read more
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The Estate of The Union Season 3|Episode 8 is out now!
Texas Trust Law » Probate
by Wade Williams
1M ago
The Estate of The Union Season 3|Episode 8 is out now! We all accumulate stuff as we go through life. When someone dies, what to do with all the stuff the deceased owned can be complex and exhausting. It can also create fights over Who Gets What. In this edition of The Estate of the ..read more
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Estate Planning is Critical for a Single Parent
Texas Trust Law » Probate
by Wade Williams
2M ago
Single parents must carefully consider each option when preparing their estates. By creating an intentional plan, parents can ensure their wishes will be honored for their children ..read more
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Understanding Your Options and Responsibilities when Inheriting a House
Texas Trust Law » Probate
by Wade Williams
4M ago
Understanding your options and responsibilities is critical when inheriting a house, whether you sell it, keep it, or rent it out. Insights from LendingTree show you how to make the most of your inheritance. Inheriting a house can be a life-changing event with emotional and financial implications. When inheriting a house, you don’t immediately receive the title in your name. The inheritance process involves probate, where a judge reviews the will and appoints an executor to carry out the deceased’s will. The executor handles responsibilities like insurance, identifying debts or liens and payin ..read more
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Updating Beneficiaries after Gray Divorce
Texas Trust Law » Probate
by Wade Williams
4M ago
Navigating the complexities of estate planning after a mid- to late-life divorce, or “gray divorce,” requires meticulous attention to detail and proactive measures, according to Kiplinger’s article, Don’t Forget to Update Beneficiaries After a Gray Divorce. Updating beneficiaries after a gray divorce is critical to estate planning. This article explores essential considerations for those undergoing a gray divorce, emphasizing the importance of reevaluating estate plans to reflect current intentions and relationships. While family law attorneys primarily focus on asset division during divorce p ..read more
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Topics You need to Address before a Mid-Life Marriage
Texas Trust Law » Probate
by Wade Williams
5M ago
Today’s wedding couple is as likely to be 30 or 50 years old as they are to be in their twenties. This trend underscores the importance of having open discussions about finances and retirement before exchanging vows. A recent article from Next Avenue, “The Talk Over-50s Should Have Before Tying the Knot.” Whether you’re getting married for the first time or the second, being closer to retirement has major financial implications. There are topics you need to address before a mid-life marriage. The most important thing is to disclose each person’s financial situation completely. For some people ..read more
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Estate Planning for Veterans and Active Military Is Important
Texas Trust Law » Probate
by Wade Williams
5M ago
Your dedication to your country is unwavering as a veteran or active military service member. While you’re committed to your duty, you must protect yourself and your loved ones and preserve your legacy. Veterans and active military personnel can and should create an estate plan to match their unique needs. Based on Trust & Will’s article, “Estate Planning for Veterans & Active Military,” we look at why estate planning for veterans and active military personnel is so important. Military life is marked by unpredictability and uncertainty for you and your family, making estate planning a ..read more
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