October 19, 2023

Inheriting a retirement account, such as a 401(k) or an IRA, can benefit a person struggling with their finances. It can help pay bills and create more stability. However, any Cedar Park inheritance lawyer will tell you that ignoring federal regulations can lead to significant tax penalties! The rules applying to your inherited account depend […]

Parents who have children with special needs spend a lot of time thinking about the future. They may wonder, “Who will care for my child when I’m gone someday” or “How will we afford a lifetime of care?”  The answers to these questions can feel so overwhelming that parents may feel stuck when it ultimately

When planning for the second half of their lives, our Austin elder law attorneys have found that most people do not anticipate an increase in happiness. Research shows, however, that happiness does grow as people age. The comprehensive Second Half of Life Study conducted by AARP in collaboration with National Geographic examines the general outlook of people

A living trust is a valuable tool in estate planning. You can manage it while you’re alive while passing control of your affairs to someone else upon your incapacity or death. The assets in the trust can also avoid probate, allowing successor trustees immediate access to the funds they need without going through a long,

Caring for a veteran can be both an honor and a challenge. As their health declines, understanding the benefits available to them through the Veterans Administration (VA) is essential. The VA offers two distinct pension benefits that can help support veterans who need extra care—the Aid and Attendance pension benefit and the Housebound benefit. Let’s

The last thing you want after you pass is for your family members to squabble over your estate. Unfortunately, even with forethought and planning, loved ones may challenge the validity of your will and final wishes, throwing your estate into a potentially long, drawn-out legal process. So, how can you avoid having your will contested

You’ve spent a lifetime working to care for yourself and your family. When you reach your golden years, you may wonder what it is you’ll leave behind. What will your legacy be, and what can you do to give back to those who have enriched your life? One answer our Cedar Park estate planning attorneys

When creating a trust, one important decision to make is who will act as the trustee. Choosing to name a non-family third party as the trustee of your trust can provide several benefits. Here, we will explore why this option may be considered when deciding who will oversee the trust. Objective Decision Making A third-party

Parenting an adult with special needs can present unique financial challenges. A Special Needs Trust can help to ease the burden by providing additional resources without compromising your child’s eligibility for government benefits. Funds from a trust may be used to cover things like housing, medical expenses, and other services that contribute to quality of

Writing your Last Will and Testament is a crucial step in planning for your future. But did you know that it’s also possible to create a plan for the way you want your funeral and memorial service to be conducted? It may seem daunting, but it doesn’t have to be. Read on to learn how