You’ve finally made it, your adult children have graduated high school. It’s a big moment for the whole family. All your hard work as a parent has finally paid off. Now that your adult child is 18+ they’re considered an adult in the eyes of the law. It’s important for parents to talk about their …
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Welcome to Texas! Your address is updated, and you’ve officially become a Texas resident. Now is an excellent time to discover all the financial and tax-saving benefits that Texas has to offer. To gain access to the cost-saving benefits in the future, you’ll first need to update the following estate administration and business entity documents. …
Discover the importance of including your digital assets in your estate planning to ensure their protection and seamless transfer after your passing. Learn valuable tips and strategies to safeguard your online presence for the benefit of your loved ones. In today’s world we are increasingly intertwined with technology. From social media accounts and online banking …
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As Texans are living longer than ever before, it’s crucial to consider how this affects your estate planning. With advances in medicine and technology, the average lifespan has increased significantly in recent decades. Living longer creates new challenges and considerations for your estate planning. One of the most significant impacts of longer lifespans is the …
Estate planning is an important part of ensuring the financial security of you and your loved ones upon your death. One aspect of estate planning that is often overlooked is the Estate and Gift tax. How will taxes affect your Texas estate? Like many Texans, you may be asking yourself this question. It is important to …
Many people wish to have their affairs remain private during their lifetimes and after they pass away. However, in Texas, as well as in many U.S. states, if your estate is probated, it will become public record. This means that your estate’s probate records will be accessible to anyone interested in them. Fortunately, in Texas …
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The most basic reason for estate planning is to ensure that an individual’s wishes are carried out during incapacity and after their death. To do this, there are various legal documents and varying strategies that can be used, depending on the individual’s wishes, financial situation, and circumstances. One important aspect of estate planning involves legally …
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If you have a special needs child, you’re probably very concerned about the level of care your child will receive after you’re gone. After all, you want your child to thrive and have access to the best care possible, but when you’re gone, how can you ensure that your child’s needs will be met? A …
A Lady Bird Deed, also known as an enhanced life estate deed, is a special kind of deed recognized in only five states. Fortunately, one of those states is Texas. The lady bird deed can be advantageous for Texans who wish to leave a property inheritance to their beneficiaries. This article is presented by the …
Estate planning isn’t typically something you do once and then forget about. It’s best to review your estate plan on a regular basis to make sure it’s still in line with your current life circumstances. Attorney Steven Holman provides insights on what life events can impact a change or prompt a review of your existing …
Five Life Events That Can Impact Your Current Estate Plan Read More »