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McCulloch & Miller, PLLC
Houston, Texas
McCulloch & Miller is committed to providing multigenerational families with key information regarding their estate planning, retirement planning and life care planning needs.
Recent Activity
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It’s a problem that most people wish they had: a sudden influx of money, sometimes a lot of money. It can be overwhelming, and the most important thing to do is—nothing, at first. Continue reading
Posted Jan 10, 2020 at Houston Estate Planning & Elder Law
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There are many rules about reverse mortgages, including what happens at the end of the mortgage. What if the children decide they want to undo the reverse mortgage and buy out their parents, so the home can be kept in the family? Continue reading
Posted Jan 10, 2020 at Houston Estate Planning & Elder Law
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Consumers often find themselves with investments with one company, insurance with another, a financial advisor with a third company and one or maybe more banks. Depending upon the asset level, it may make sense to put all of this under one roof. Continue reading
Posted Jan 10, 2020 at Houston Estate Planning & Elder Law
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Being named as an executor is a big responsibility. Before accepting this role, you should understand what the tasks are, and what you need to be careful about to protect yourself. Continue reading
Posted Jan 10, 2020 at Houston Estate Planning & Elder Law
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Incapacity can strike at any time. Therefore, it’s a real possibility that you or your spouse could become unable to handle your own medical or financial affairs. Continue reading
Posted Jan 10, 2020 at Houston Estate Planning & Elder Law
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Once you understand what a will can do, the reason that everyone needs one becomes a lot clearer, especially if you have any minor children or any assets. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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A fear that children will not be motivated to have careers because of their family’s wealth is a concern. However, in the long run, it can hamper how wealth is handled by the next generation. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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There are different types of property. What we informally call real estate, is known in the law as “real property.” That includes any property that is made of land and any structure that sits on it. That also can include assets that appear on that piece of land, like crops, water, livestock or other natural resources. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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It’s easy to focus most of the estate planning attention on the will and distribution of assets. However, a power of attorney is often as important as a will. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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If half of the annual benefits plus the child's other income is greater than a base amount set by the IRS, then a portion of the benefits is taxable. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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Estate planning is even more important for individuals and couples without children. Without an estate plan, your assets may go to long-lost relatives you’ve never met. You also need to plan for incapacity, especially if there are no living relatives. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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Both of these deeds are used widely, but they are very different. Choosing the wrong one, could lead to a lot of legal headaches. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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If a temporary administrator has failed to perform their duties properly, the court has the power to remove this person. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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Many instances of estate planning disasters start when well-meaning people try to use a simple solution for what is ultimately a complicated problem. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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A survey from Fidelity Investments found that a 65-year-old newly retired couple should budget about $285,000 for medical expenses in retirement. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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Business owners who plan to use the proceeds from the sale of the business to fund their retirement have the right idea. However, with only 25% of private business owners actually having a succession plan in place, those retirement plans may not work the way they thought. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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Veterans who qualify for both the Post 9/11 GI Bill program and the older Montgomery GI bill may have access to expanded veterans education benefits soon. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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During the retirement process, which is easier for some than others, it’s very important to tend to financial and legal matters in estate planning. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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The durable power of attorney is a means of naming a person who can represent another in all legal and financial matters, while they are alive and well, as well as when they are incapacitated. It is a legal document that needs careful consideration. Continue reading
Posted Dec 12, 2019 at Houston Estate Planning & Elder Law
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At last, you’ve completed your estate documents, including retitling assets and checking beneficiary designations. The only question left is, where should they be stored? Continue reading
Posted Oct 31, 2019 at Houston Estate Planning & Elder Law
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Contesting a will is not for the faint of heart, but this is the process that lets a person legally challenge a will. Continue reading
Posted Oct 31, 2019 at Houston Estate Planning & Elder Law
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While it’s possible for people to manage some parts of their loved one’s estate, very often the tasks feel overwhelming. When getting assets out of probate becomes too much of a challenge, it’s time for help. Continue reading
Posted Oct 31, 2019 at Houston Estate Planning & Elder Law
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A generation seems to be waking up to the concept that they are likely to need to care for a spouse or a family member, and they’re taking it seriously. Continue reading
Posted Oct 31, 2019 at Houston Estate Planning & Elder Law
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Any high-income professional must expect that at some point there will be a bad outcome and a lawsuit against them and/or their practice. Doctors, in particular, need to be sure that they have the correct protection in place. Continue reading
Posted Oct 31, 2019 at Houston Estate Planning & Elder Law
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There are many inheritance scenarios, where people hope that a simple solution will save them time and money. Unfortunately, that’s not always the way estate or tax laws work. Continue reading
Posted Oct 31, 2019 at Houston Estate Planning & Elder Law