As a parent, you want to ensure that your children are always taken care of, even after you’re gone. When you have children in college, it’s important to consider estate planning to ensure that your assets and finances are properly allocated to your loved ones. If you have college-aged children, contact us online or via … Read more
Illness is an experience we have all faced, whether it is a common flu or a more chronic condition. It can make us feel vulnerable and helpless. While we cannot always avoid getting sick, we can take steps to mitigate the impact of illness by expressing our wishes ahead of time. One way to do … Read more
While we may have different ideas about what we want to happen after our death, there is a fundamental connection that unites us all – we all cherish our children’s future, and we are all mortal, as President John F. Kennedy once said. As such, most of us strive to provide for our families and … Read more
Estate planning is crucial for everyone, regardless of marital status. However, unmarried couples face unique challenges when it comes to estate planning. Without the legal protections afforded to married couples, unmarried couples must take extra steps to ensure that their assets and wishes are protected. If you’re part of an unmarried couple, contact us online … Read more
When the Supreme Court issued its opinion in Dobbs v. Jackson Women’s Health Organization, 576 U.S. 644 (2015), Estate Planning practitioners took note. Justice Clarence Thomas, in his concurring opinion, indicated that it would be appropriate to revisit that were decided on substantive due process rights. This led Trust and Estate attorneys to question whether Estate Planning for same-sex couples needs to change. President Biden answered the question in the negative by signing into law the Respect for Marriage Act.
Nowadays, divorce is a common occurrence. In 2020, the National Center for Health Statistics reported 2.1 divorces per 1,000 in Texas. If you have gone through a divorce and remarried, it is crucial to update your estate planning documents to reflect your changed circumstances. Failure to do so can lead to a nightmare scenario for … Read more
Estate planning is important for people of all ages, but it is particularly crucial for the elderly. As we age, it becomes increasingly important to protect our assets and ensure that our wishes are followed after we pass away. If you’re estate planning yourself or helping an elderly loved one, contact us online or via … Read more
When Bruce Willis announced his retirement from acting because of aphasia, it sent shockwaves through Hollywood and across the country. Just a few weeks ago, Bruce’s family indicated that the disease had progressed to frontotemporal dementia highlighting the importance of incapacity planning. While Estate Planning typically focuses on planning for what happens at death, a comprehensive Estate Plan includes provisions regarding what happens during life should an individual become incapacitated.
Americans are always looking for new ways to save taxes. Health Savings Accounts (HSAs) are a way for Americans to save on taxes while also saving for medical emergencies. To be eligible for an HSA, you must be covered under a high-deductible health plan (HDHP) with an annual deductible of at least $1,400 for an individual … Read more
Estate planning for single people is an important aspect of safeguarding your future, ensuring that your assets, healthcare wishes, and loved ones are well taken care of even when you’re no longer around. Planning for the future can sometimes make you feel overwhelmed, especially when you’re single and navigating life on your own. You may … Read more