If you recently had your first baby or are planning to have one in the near future, your mind may be racing with questions. Will you be a good parent? Will labor and delivery go smoothly? Have you done everything necessary to protect your new or future offspring? As a...
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I cannot find my parent’s will
Your parent has recently died, and you cannot find his or her will. You are fairly sure there was one governing what should happen to the estate. Perhaps you even know one existed and what was in it. You just cannot find it. What does this mean? What can you do? Speak...
The difference between a durable and medical power of attorney
As you age and begin creating your estate plan, one of the things you may want to consider is who you want to grant power of attorney in the event that you become incapacitated or otherwise unable to clearly express your wishes on your own. Often, the person you...
3 things to include in your business succession plan
You may have all your personal estate planning complete, but have you planned for your exit of the family business? Do not just assume that you can leave it to a family member or sell it to a new owner and all will be well. No matter the exit strategy you choose, you...
What does breach of fiduciary duty mean in estate administration?
The purpose of an estate plan is to ensure the proper handling of a decedent's or incapacitated person's assets. When an appointed person does not fulfill relevant duties or, worse, mismanages the assets for personal gain, it is a breach of fiduciary duty....
How to establish a guardianship in Texas
An important aspect of estate planning to consider is guardianship. It is not only relevant to those with minor children or adult children with special needs. It can also be relevant to you if you become incapacitated and want to ensure the right person is making...
How power of attorney differs from conservatorship & guardianship
At some point in your life, there may come a time when someone asks you to serve as a fiduciary, someone with some type of decision-making power, on their behalf. Different roles might include that of a power of attorney, a guardian or a conservator. Understanding the...
Things to consider when choosing a legal guardian for your child
If you have minor children and are beginning the estate planning process, you should think about guardianship. Your children should have a legal guardian in the event you die while they are still minors. You might have trouble deciding between family members and...
What can an estate executor do without court involvement?
Establishing a will or trust is imperative if you want to provide for your loved ones and prevent the hassle of probate after you pass. Part of planning your estate will entail designating the beneficiaries, trustees and executor. The latter of these—an...
3 strategies for avoiding probate in Texas
As you begin to plan for the future of your estate, you may be worried about the thought of probate. While probate is not inherently evil, you might want to reduce the amount of your estate that goes through it. The costs and time involved with probate can put a lot...