Planning for the future is essential, but when you are estate planning, you may want to think beyond the next generation. There are ways you can make your wealth and property last far beyond your children, benefitting the many generations who will come after. In order...
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Estate Planning
How a special needs trust can help
Raising a child with special needs presents its own unique challenges. Parents in Texas have to consider not only how to care for their children during the present, but also in the future. This often involves ensuring continued financial support even after a parent’s...
Saving money, time with estate planning
Creating an estate plan is not just for the very wealthy. In fact, virtually every adult can benefit from estate planning. The state of Texas will step in when someone passes away without a will, dictating how their property will be handled in what is usually a...
Talking about estate planning with aging parents
Discussing delicate matters with one’s parents can be difficult, especially when it comes to things like finances and aging. However, failing to discuss estate planning can lead to problems in the future. When feeling hesitant about moving forward with this...
Are you making estate planning mistakes?
If you have already decided to make your estate plan, you may be in line to avoid one of the most common and potentially tragic estate planning mistakes. That is to fail to plan your estate. Truthfully, only a small percentage of those who live in Texas and beyond...
Updating estate plans after moving
Between packing, finding a new place to live and getting an updated driver’s license, moving to a new state can be an exhausting experience. Regardless of how focused someone might be when moving to Texas, the sheer number of matters to attend to can still make it...
Estate planning and retirement go hand in hand
Building up enough savings to retire comfortably is important, but it is not the only factor that people in Texas should take into account. Making sure that one also has the correct estate planning documents is also essential. This includes completing...
Why you should include your funeral in your estate plan
Thinking about death is not exactly high up on anyone’s list of fun things to do. However, ignoring the inevitable ultimately places an even greater emotional and financial burden on loved ones. Planning for things like funeral expenses, lost income and more is key to...
3 methods for revoking a will
There is no avoiding change in life. Whether that means losing a job, getting married or having kids, what is most important is how one navigates these changes. In terms of estate planning this usually means updating a will or replacing an old one. Properly revoking...
Will your estate plan include your grandchildren?
If you have grandchildren, you know what a joy they can be. Because you may have been stressed raising your own children, grandchildren give you the chance to relax and enjoy watching them grow. You may also wish to do something special for your grandchildren beyond...