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When a “Fair Share” May Not Mean “Equal Share” | Houston Will and Trust Lawyer
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Just because most of the people you know have divided their assets evenly between their children, does not mean that is the right decision for you. To some, it may seem unfair to leave unequal amounts or different instructions to children after you die, but it may be necessary in your family and it is important for you to do what is right and best for your heirs. Continue reading
Posted Feb 28, 2017 at Houston Estate Planning
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Congratulations on starting your medical career! Now go protect your financial future!
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Any asset protection attorney in Houston will tell you that a solid plan will allow you to build a wall around your personal money and property so that they cannot be subjected to lawsuits and risks related to your medical practice. For new doctors and seasoned physicians alike, there are several asset protection strategies that can be employed. Continue reading
Posted Feb 28, 2017 at Houston Estate Planning
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IRS Phone Scams on the Rise in Houston
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It is tax time again, which means IRS scams are once again on the rise here in Houston and throughout the United States. Predictably, many of the victims of this scam are the elderly, since they are often the most vulnerable. Continue reading
Posted Feb 28, 2017 at Houston Estate Planning
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Should I Pre-Plan and Pre-Pay for my Funeral Expenses in Texas?
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Because of the growing demand for funeral pre-planning, local funeral homes are also responding by offering different plans that allow people to pre-plan the service they would like, but you might want to think twice before pre-paying for your final expenses in advance. Continue reading
Posted Feb 28, 2017 at Houston Estate Planning
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Houston Will Lawyers: Estate Planning Documents Everyone Needs Now
We have all heard stories of families that found themselves in a tailspin because a loved one passed away or became incapacitated without a proper estate plan. No matter what your age, you could really leave your family with a mess to clean up during an already very emotional time... Continue reading
Posted Jan 2, 2017 at Houston Estate Planning
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Everything You Need to Know about the Federal Estate Tax from a Harris County Probate Lawyer
After a loved one dies, family members are often rightfully concerned about taxes. In some cases, a Federal Estate Tax, commonly referred to as the “Death Tax,” may come into play that can easily eat away at the family’s estate. The good news is that most people will not actually... Continue reading
Posted Dec 26, 2016 at Houston Estate Planning
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Houston Will Lawyer: How to Avoid a Will Contest
Unfortunately, one of the many situations that will lawyers in Houston encounter are will contests – legal fights between beneficiaries and/or would-be beneficiaries of an estate who disagree about inheritances. Most often, these battles involve parties who were written out of a will, were left smaller inheritances than they thought... Continue reading
Posted Dec 19, 2016 at Houston Estate Planning
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What the Heck is a Pooled Trust?
…And How May Seniors or People With Disabilities Benefit from One? By: Kimberly Hegwood, Houston Special Needs Lawyer When making decisions on care and insurance coverage for disabled and/or elderly loved ones, it is easy to get lost in the myriad of choices and complicated regulations. With Medicaid there are... Continue reading
Posted Dec 12, 2016 at Houston Estate Planning
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New Power of Attorney Law in Connecticut Helps Those Dealing with Seniors and their Banks
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“Sweeping changes have been made to Connecticut's power-of-attorney law, including making it harder for banks to upend the wishes of people who do estate planning by rejecting power-of-attorney forms.” Continue reading
Posted Nov 29, 2016 at Houston Estate Planning
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Answers to Questions about 529 Educational Savings Plans
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“There are many questions about how popular 529 college savings plans work and when they can and cannot be used. Here are some answers from the experts.” Continue reading
Posted Nov 28, 2016 at Houston Estate Planning
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Soon There May Be a Lot of Money Being Inherited
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“You will die. And most of you will leave something for your heirs. Yes, even your clunker of a car and chipped china might be fought over.” Continue reading
Posted Nov 25, 2016 at Houston Estate Planning
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Planning on Long-Term Care
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“Most people realize that they and their loved ones are likely to need long-term care as they progress through old age. But misconceptions abound concerning the best way to get that care paid for.” Continue reading
Posted Nov 24, 2016 at Houston Estate Planning
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Medicare Coverage Explained
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“The federal health insurance program for people who are 65 or older and for certain younger people with disabilities, Medicare is managed by the Centers for Medicare & Medicaid Services.” Continue reading
Posted Nov 23, 2016 at Houston Estate Planning
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Donor-Advised Funds a Smart Way to Give to Charities
“Giving away money during your lifetime, rather than after your death, is the most efficient way to minimize taxes on transferring your wealth.” Continue reading
Posted Nov 22, 2016 at Houston Estate Planning
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Saints Owner Will Call Another Play in Fight Over Trusts
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“Years ago, as part of his estate planning, Benson moved 60 percent of the Saints into his heirs' trusts, all of which is non-voting stock that gave the trusts and his heirs no power over the team.” Continue reading
Posted Nov 22, 2016 at Houston Estate Planning
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October was National Special Needs Law Month
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"About one in every five people in the United States has a disability. Some people are born with a disability. Some get sick or have an accident that results in a disability. Some people develop disabilities as they age. Almost all of us will have a disability at some point." – Surgeon General Continue reading
Posted Nov 22, 2016 at Houston Estate Planning
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Is It Time to Draft My Will?
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“When should you write up a will?” Continue reading
Posted Nov 22, 2016 at Houston Estate Planning
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Moving Overseas? Plan Ahead.
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“Planning to move overseas for a job, retirement, or just a change of scenery?” Continue reading
Posted Nov 22, 2016 at Houston Estate Planning
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Life Insurance for a Professional Racecar Driver? You Bet!
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“There are things that happen in the car that you can’t plan for and that are out of your control, like a tire blowing on you or an engine blowing up or a crash that happens in front of you or someone hits you.” Continue reading
Posted Nov 15, 2016 at Houston Estate Planning
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Complete a Complete Estate Plan
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“Estate planning does focus on you and it does provide you greater security and peace of mind.” Continue reading
Posted Nov 14, 2016 at Houston Estate Planning
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A Few Words of Advice for Getting Married in Your Golden Years
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“First comes love, then comes.... Hold on, not so fast there.” Continue reading
Posted Nov 11, 2016 at Houston Estate Planning
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How Not to Do It: Spending the Inheritance on Royal Souvenirs and Strippers
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“What would you do with $100 million?” Continue reading
Posted Nov 10, 2016 at Houston Estate Planning
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Want Estate Planning? No, You Need It!
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“When talking about money and how it works in our lives, we often refer to the difference between wants and needs. The challenge being that when someone really wants something it can start to feel like a need.” Continue reading
Posted Nov 9, 2016 at Houston Estate Planning
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Celebrity Estate Panning Leaves a Lot to Be Desired
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“Celebrities, they're just like us. At least, they are when it comes to estate-planning mistakes.” Continue reading
Posted Nov 8, 2016 at Houston Estate Planning
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Alzheimer’s Patient Spoon-Fed Because Directive Wasn’t Specific
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"She doesn't recognize me. She doesn't know who I am.” Continue reading
Posted Nov 7, 2016 at Houston Estate Planning
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