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January 2017 Archives

Deceased senator's wife, sons argue over his will

Families can often be complicated, especially blended families. While many are able to seamlessly come together without conflict, others are unable to do so. In some cases, relationships that were previously devoid of conflict may fall apart after the death of the loved one who tied the family together. In order to ensure family harmony, many people in Texas create a will describing their wishes in regard to estate administration and distribution of assets.

Making decisions regarding a guardianship in Texas

In a perfect world, all people would create estate planning documents that detail who will make medical and financial decisions on their behalf in the event that they become unable to make such decisions. However, even when a person does have such documents in place, they may be out of date or no longer applicable for a variety of reasons. As a result, families in Texas often find themselves seeking guardianship of a relative.

Circumstances that could warrant a trust in Texas

Parents want to ensure that their children are cared for when they are no longer around to make such assurances themselves. For many parents, one of their goals in life is to leave an inheritance for their children that will protect their offspring financially. However, there are some situations that may prompt Texas parents to create special stipulations through a trust, rather than handing over an inheritance outright.

New Year's resolutions often include estate planning

When most people think of New Year's resolution, they think of how much time they will spend at the gym or the new diet they will attempt. However, some estate planning professionals would like people to focus on creating an appropriate plan for their estate to protect their assets and ensure that provisions are in place for loved ones. For those in Texas who have already gone through the process, resolutions may be centered more toward revising an existing plan.

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