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October 2014 Archives

What exactly is a guardianship? When is it necessary?

When learning about guardianship, the first thing to know about is proper terminology. Many people use the terms guardianship and conservatorship interchangeably, and in some states conservatorship is the proper term. Under Texas law, the correct term is guardianship

Wealth doesn't dictate whether you need an estate plan or not

A couple of weeks ago, we wrote a post about how estate planning is something that needs to be done earlier in life, not later. We discussed some of the reasons why this is, and it really is important for all younger people to realize that even though you may not have as many assets as someone 10 or 20 years your senior, you still need an estate plan for the things you do have. A freak accident could claim your life, and without an estate plan, the things you do have won't be protected in ways offered by an estate plan.

Houston judge to decide on baseball owners estate tax case

No one wants their family members to have to deal with legal complications after they pass away. That's why so many people here in Texas and across the nation are so meticulous about their estate plans. Making sure that everything is handled properly and all applicable laws are followed is the best way to avoid legal messes that can arise after you're gone.

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