Insight into the Complexity of Probate and How to Avoid It
Most people know that certain tasks must be accomplished when a person dies. Why is that? A deceased person can no longer collect his or her income or pay his or her bills. Most people would agree (subject to differences of religious beliefs) that a deceased person no longer uses his or her property, resources, […]
The Danger of Using Online Forms
The following is educational and informative only. Do not rely on the following as legal advice. Online services and form repositories now offer blank documents for the creation of wills, the formation of corporations, and even divorce. But how safe and effective are these blank forms? One Texas family found out the hard way, that […]
Best Solution for Protecting Your Privacy? Establish a Trust
What should I name my trust in order to protect my privacy? The name of the trustee is more important than the name of the trust itself. Technically, a trust is not an entity that can sue or be sued. Texas Trust Act Section 115.001 states that a court has jurisdiction over proceedings “by or […]
Why Someone with a Million Dollars Must Plan for Long Term Disability
A key deficiency in the process of planning for long term care occurs when seniors fail to provide for orderly distribution of assets at death and fail to let their family know what to do when the senior can no longer handle his or her own affairs. Estate planning from a qualified estate planning attorney, […]
Property Outside My Home State
How will my property outside my home state complicate things for the beneficiaries of my estate? Vacation homes, investment properties, and inherited property that is located in a state other than the state in which you reside can make settling your estate more expensive and more time-consuming. You plan to give property to family, friends, […]
What is a conservator (or guardian) anyway?
You may have heard that Zsa Zsa Gabor’s daughter is asking a California court to be appointed “Conservator” over her mother’s affairs. New Mexico uses the term conservator while Texas uses the term “Guardianship of the Estate” to mean that a court is appointing someone to manage another person’s finances. Conservatorship/Guardianship isn’t just for millionaires. […]