Writing on your original will can invalidate the entire document. It doesn’t matter if you initial next to what you have written. Some people feel that once the document is signed and notarized they can feel free to make changes themselves. This is not true. Keep your original document safe, clean and dry. Don’t eat near it, set a coffee cup on it, get it wet, or jot notes on it. And it is … [Read more...] about Thinking About Writing on Your Original Will? Don’t do it!
last will and testament
If you already have a will, and have decided you need an update, make sure to write out your comments and questions on separate paper. Don't write on your original document! Writing on a will invalidates it! It is always best to keep your original document clean and unaltered. Keep it away from stains and moisture and don't unstaple the pages. If you have a reason to make a change in your … [Read more...] about Don’t Write on Your Original Will!
Our pets are family members. They are also very vulnerable to changes in family situation. Just like other family members, they deserve consideration when you are planning for the future. Have the conversation. Regardless of your age, if you have a pet, you should always consider what would happen if you were gone. If you have a spouse or partner, what would happen if the two of you … [Read more...] about What Will Happen to your Pet if You Die?
Most parents of minor children know that they need to have a current Texas will. But not everyone understands how important it is to name a Trustee to take care of financial matters and how doing so can decrease the time and money spent in legal fees and court time later on. Naming a person whom you trust to be the Trustee of your minor children's finances is crucially important. This … [Read more...] about Your Minor Children and Naming a Trustee in Your Will
Have you ever considered what would happen to your social media accounts and digital assets if you were to die? There are steps you can take right now, AND you can make "digital asset planning" part of your Estate Plan. You can have language put in your will that ultimately leaves your digital assets to a certain beneficiary and/or specifies that your Executor will be able to access and … [Read more...] about What Happens to Social Media Accounts When Someone Dies?
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!
Most people think that their Last Will and Testament is a “simple” one, but that is not always the case. A “simple will” is a will that leaves the person’s entire estate to their spouse, or to their children equally. Or to their spouse first, then to their children equally if their spouse does not survive them. Having a step-family can create a need for a more complex will (but not … [Read more...] about What is a “Simple Will”?
So you are finally going to get your will done. This has probably been something that has been placed on your "to do" list and moved to the bottom time and time again. Once you have finally decided to proceed, you've called the estate planning lawyer and made the appointment. Now, what to bring to the appointment? Option One: nothing but a notepad. If you have never had a will before, … [Read more...] about What to Bring to a Will Consultation