Articles

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

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

While being a caregiver can be rewarding, it can also be extremely stressful. It is very common for caregivers to feel frustrated, tired, and even depressed. As a result, you will want to make life as easy as possible to reduce stress. Following are some ways to help you accomplish that goal. Have Limits As

Estate planning involves careful consideration of your assets and how they’ll be managed upon your passing. One common question that arises is whether a burial plot should be included in a living trust. Our Cedar Park will and trust lawyers will explain why burial plots don’t necessarily need to be included in your trust and