It’s safe to say most Texas residents procrastinate nearly every day in one way or another. It is completely normal for you to postpone or delay a task that you feel is unnecessary or undesirable. Although procrastination comes in many different forms, the tasks you are putting off have different consequences.  For instance, neglecting to purge your email inbox is not the same as delaying your estate planning. If you find yourself putting off or dreading estate planning, you are not alone, as this is one of the most procrastinated areas. Unfortunately, failing to create an estate plan not ..read more

There are various types of factors that might influence your eligibility to qualify for long-term care via Medicaid planning. Common factors to consider may pertain to asset and income limits for eligibility, and you might not know what steps you can take to protect and preserve your assets and wealth through this process.  Taking time to evaluate some common asset protection strategies could help provide you with much-needed insight on the best course of action to take. This could help you prepare to make informed decisions about your options and create a long-term care strategy that ali ..read more

Although it is not exactly uplifting to think about, every person will die one day. It’s very important that you have a plan in place to protect your family when this day comes. However, estate planning in Texas does not have to be a depressing or dreadful experience. In fact, creating a plan to safeguard your legacy and ensure that others carry out your wishes can provide you with much-needed peace of mind.   The only certainty in life is that things are going to change. Whether it’s a change in assets, new grandchildren, a change of residence or the death of a loved one, it may be ..read more

Going through a divorce may rarely be easy, and it can be difficult to know what types of changes such a situation might bring to your life. The outcome of your divorce may inherently impact your wishes and goals for the future, and taking steps to help ensure your plans reflect your preferences could prove imperative. One example of a step to take when facing such a change in life could involve reviewing your estate planning goals and making the necessary modifications. There may be various types of changes to consider following a divorce, and being thorough with this process might be integra ..read more

You may be under the impression that trusts are only utilized by rich and wealthy families. This common misconception could not be further from the truth. Nearly every family in Texas can find a trust beneficial in some way. A trust can provide you peace of mind by ensuring that your assets and possessions go to the right people.  Many people choose to create a trust instead of a will to secure their estate because trusts avoid the probate process and maintain privacy in the event of death. If you have ever considered creating a trust, then you are likely aware that there are many differe ..read more

After putting significant time and effort into turning your ideas for a small business model into a reality, you may wish to take every possible measure to preserve the longevity of your endeavors. There may be a variety of strategies to help achieve such goals, one of which could involve being thorough when evaluating your available estate planning options.  There may be numerous tools available via estate planning that could help you prepare to protect the future of your Texas business. The path to creating an effective strategy could involve knowing some vital topics to consider as you ..read more

The aftermath of losing a loved one can be a stressful and chaotic time. This can especially be true if you suffer the loss of a parent. One of the many responsibilities you may now suddenly be facing is dealing in some form or fashion with your deceased parent’s estate through the probate process.   The legal process of settling a deceased individual’s estate is what’s known as probate. This process allows distribution of assets such as real estate, retirement and bank accounts, valuable family heirlooms and much more to beneficiaries. Many of these instances will include formal gui ..read more

There might be few things in life as joyful and exciting as preparing to welcome a grandchild into the family. As a new grandparent, you may look forward to watching your grandchild grow and thrive, and you might even have questions about what you can do to provide for his or her needs through various stages of life.  The birth of a grandchild could impact your wishes and preferences for the future in various ways. Such a change in life might be just the time to consider reviewing your estate plan. There may be numerous tools to help you achieve your new goals, and updating your strategy ..read more

Talking about your own demise is not exactly an uplifting subject to discuss. If you’re like a lot of people in Texas, you may think you don’t need to contemplate death or what will happen to your assets and possessions until you are old and gray. However, it is never too early to think about securing the future for your loved ones. If you die without some sort of estate plan in place, the government will control how to distribute your possessions through the laws of intestate succession. This is why it is critically important to start estate planning now instead of putting it off for later. T ..read more

The topic of planning for long-term care is something that remains a relevant concern for many individuals. Medicaid planning is an example of a process that could offer various types of benefits. However, even if you wish to initiate such a strategy, you might not know how best to approach the process. While addressing the topic of Medicaid planning can seem stressful, it could also be vital to know what this process might have to offer. Evaluating the benefits of seeking advice in preparing for this process might help place you in a better position to take the necessary steps to safeguard yo ..read more