The death of a loved one is a burdensome time. When walking through a season of loss, a question that many want to know when dealing with probate is how long will the probate process take? You may be surprised at how much time it takes to tie up the loose ends of your loved one’s…
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Possessing the right knowledge, skill-sets, and abilities can often make attending to obligations of an executor much more doable. In particular, individuals who know what to expect when performing executor duties during a Texas probate administration may find themselves going through the proceedings much more easily. When it comes to being an competent executor, it is…
As the American population ages, adult children of seniors are embarking on a journey to help their aging parents and protect themselves against the uncertainty in the legal system and in life. Let’s go through some of the fundamental planning options available: First, we should note that not all estate plans look the same. Each plan…
Trusts are useful tools used in estate planning that help people plan and prepare for an array of life events including tax planning, property distribution, and asset protection. This blog will highlight the general components of a trust in an effort to provide an overview of the makings of a basic trust. One of the…
As the population in America grows older, it’s becoming common for adult children to be called upon to care for their sick or aging parents. Typically, this situation begins with the adult child helping with bills, physician appointments, medication, and transportation as needed. Eventually, this can evolve into almost a full-time job of caring for…
Planning for the welfare of your children may be at the forefront of your mind in the midst of the present COVID-19 pandemic and volatility of this world. The decision you have been putting off may feel more pressing than ever. Specifically, who would care for your minor children if you and a co-parent become…
In a time of uncertainty, many people find comfort and peace in creating an estate plan that will help to ensure that their legacy is protected. Now is a good time for those without estate plans to have basic plans put in place and those who already have plans to ensure those documents (which may…
Did you know we’re living longer these days? As Americans, our average life expectancy has moved into the high 70s or low 80s. People living longer also means more medical costs and more dependency on retirement investments and savings to sustain their lifestyles. In some cases, Americans are working further into their “retirement years” to…
The purpose of this blog is to describe a trust and its various uses in estate planning. Trusts can be extremely helpful in advanced planning to help address many issues faced by people in all walks of life. Trusts can help those with vast estates including multiple pieces of property and other valuable assets, but…
Relationships can be the most difficult part of our lives and for many people familial relations are the most strained relationships. For countless reasons, your relationship with family can be complicated. Maybe your family disproves of your lifestyle–or vice versa. Perhaps you were the child of a chaotic and messy divorce and haven’t spoken to the…