Most adults who are preparing for retirement in Texas would like to live independently for as long as possible. Putting together plans to age in place has become a go-to option for those thinking about their golden years. People may rework their finances or remodel...
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Harlingen Estate Law Blog
Why unequal bequests can cause estate disputes
Establishing unequal bequests means that you are simply leaving your heirs different asset values in your estate plan. This has been something of an emerging trend over the last few decades. It’s becoming more common for people to do it, rather than leaving the exact...
Why do so many people move to Texas as they age?
Texas has certainly become a prime destination for Americans. For many older adults, it holds some of the same draws that individuals benefit from when they move to a state like Florida. For instance, like Florida, Texas has no income tax and relatively warm weather....
2 key details people don’t realize about Medicaid benefits in Texas
Older adults often take for granted that Medicare will provide them with sufficient support as they grow older. However, Medicare benefits actually have numerous noteworthy limits. Those who require long-term care or possibly skilled nursing support in their own homes...
How long may a special needs trust have to last?
For years, you loved your son, took care of his needs around the clock and helped him live as normal of a life as possible. But unlike other parents, you are one who has a child with special needs. You understand the dedication you and your spouse require to take care...
3 signs it’s time to update your estate plan
As you know, an estate plan is crafted in anticipation of your passing. One of its primary goals is the management of your assets, which may be donated or distributed amongst heirs. Within your estate plan, in addition to naming beneficiaries and detailing funeral...
Understanding the Power of Attorney
You may have heard the phrase "power of attorney" before and may associate it with someone giving another person permission to make legal decisions for them. While that is part of it, a power of attorney is the most critical estate document you will ever sign. People...
2 key issues business owners must address in their estate plans
Personal circumstances have a strong influence on someone's estate planning needs. Frequently, people will have to choose what kinds of documents to include in their plans and how to organize the distribution of their property based on what assets they own and who...
3 ways a lawyer can help out-of-state executors in Texas
You grew up in New Mexico, and so that is where you still currently live. However, your parents eventually moved to Texas. Losing a parent is difficult in any situation, and choosing to serve as the executor of their estate will mean that you have a lot of obligations...
Can a simple clause help you prevent estate litigation?
Your estate plan determines what resources your loved ones have access to after your death and outlines the legacy you leave. You may invest a considerable amount of time in the process of reviewing your assets and relationships to create an estate plan....