Let's face it: for most people, getting and staying organized is hard. Organizing someone else's finances is not easy either. So, let's say that the time has come for you to step in and help your elderly friend or relative with their finances. If you are lucky, they asked for help at a time when they can guide you in figuring out where they left off and where you come in. If not, it is … [Read more...] about How to Help your Elderly Loved One Organize their Personal Business Affairs
If you own a business and haven't made proper arrangements, you are leaving your employees, customers, business associates, and family vulnerable. For instance, what if something happened to you? What if you were 1) disabled and unable to perform your duties; or 2) deceased? Whether you have a family business, a sole proprietorship with employees, have a partner, or are a one-person show, … [Read more...] about For Business Owners – The DANGER of Not Having a Power of Attorney & a Will!
If you have recently been to a Texas probate court and been granted Letters Testamentary, you will be asked how many certified copies you need. How should you determine this? The first thing that you should do is to make a list of the property that needs to be transferred. Chances are that your attorney already has asked you for this information, probably at your first meeting. However, you … [Read more...] about How Many Certified Letters Testamentary Should You Order?
If a loved one recently passed and you are in charge of arrangements, you will need to decide how many death certificates to order. This is often taken care of by the funeral director as part of the funeral arrangements. Here is a general list to show how many certificates may be needed: One for each close family member. One for each financial institution that the deceased had … [Read more...] about How Many Death Certificates Should You Order?
Financial fraud in a marriage can occur in various ways. Usually, but not always, the violating spouse has more power and/or earning capacity than the other spouse. Ways in which financial fraud can occur: 1. Fraudulent spouse spends money on extramarital relationships or on other family members without the innocent spouse's knowledge or consent. 2. Fraudulent spouse applies for credit in … [Read more...] about Financial Fraud in a Marriage