For many people, the idea of planning what to do with their estate can seem like an overwhelming amount of work. They may also be worried about the expense involved. Furthermore, nobody enjoys thinking about their own death or about how their loved ones will go on after the fact. However, it is an eventuality […]
Many people enjoy traveling for the sense of adventure, change in perspective, and sensory stimulation it can provide. These things are what help people feel so refreshed after returning from a vacation away from home. New research that appears in Tourism Management suggests that traveling may also provide benefits for the mental well-being of people who have
Writing your will, drafting financial and healthcare powers of attorney, and ensuring you have a living will in place are all steps that give you and your family the peace of mind that comes with careful estate planning. However, if you and your loved ones do not have a secure, memorable, and accessible place to
Austin Will and Trust Attorney on the Best Ways to Store Estate Planning Documents Read More »
There are many reasons why some people might find the idea of a handwritten will attractive. Also known as holographic wills, handwritten wills might seem cheaper and simpler to execute than non-holographic wills. However, handwritten wills are not legally valid in every state. Furthermore, in the states that do recognize handwritten wills, there are a
For many decades, wealthy families relied on bypass trusts as critical aspects of their estate plans. However, in recent years, Williamson County trust attorneys have seen a shift away from the use of this type of trust. This is mainly due to the increase in gift and estate tax exemptions, as well as what is
What Is a Bypass Trust, and Do I Need One? | Williamson County Trust Attorneys Read More »
When creating a trust with a Cedar Park trust lawyer, it is important to understand the specific roles involved. The grantor is the person who establishes a trust. The designated beneficiary is the person who receives the assets held in trust when the grantor dies. Probate is unnecessary because trust property passes outside the last
Cedar Park Trust Lawyer on the Elements of a Valid Trust Read More »
Some seniors don’t expect to remarry after a divorce or the death of a spouse. However, life is full of surprises. You could meet someone at any age, even during your retirement years. Many older adults bring various assets and debts into a new relationship. They might also have children from a previous marriage, one
Wedding Bells Later in Life? What Newlywed Seniors Need to Know About Their Estate Plans Read More »
If you are a first responder—police officer, firefighter, EMT, etc.—you put your life at risk every day when you go to work. Beyond the workplace, the high level of occupational stress also puts you at greater risk for long-term health problems, such as obesity, cardiovascular disease, sleep disorders, cancer, and suicide. That is why first
Cedar Park Estate Planning Lawyer on The Importance of Estate Plans for First Responders Read More »
Federal estate tax law includes a provision called portability. This provision only applies to married couples. It allows the surviving spouse to use any part of their deceased spouse’s unused estate and gift tax exemption. Including portability in an estate plan protects the surviving spouse from significant estate tax bills if the deceased spouse’s estate
Williamson County Estate Tax Lawyer Answers, “What Is Portability in an Estate Plan?” Read More »
As your parent grows older, you may wonder what would happen if they could no longer make sound decisions on their own. Often, gaining power of attorney for your parent is the most straightforward way to ensure their best interests are protected. Many older adults grant powers of attorney to adult children to ensure they
