Thinking of updating your wills? Or maybe you have never taken the time to make a will in the first place! This is a task that is often put off until later, but doesn't have to feel overwhelming if you handle it in an organized way. Planning together is easier It is best to do this together if at all possible. In a few situations, you may plan your wills at different times. Maybe you want … [Read more...] about Last Will & Testament Planning for Married Couples
last will and testament
Abra esta publicación para ver el enlace en español. Small business owners often have their hands full on a daily basis and relaxation is in short supply. There is always a list of "to do's", one more thing to do, buy, read or set up. You know that your time is limited, so here is a short no-nonsense list on what to consider when planning for your business once you are gone. The three … [Read more...] about How to Plan for Your Small Business in Your Last Will & Testament
Abra esta publicación para ver el enlace en espanol "An emergency plan?", you might be asking. Isn't that how we are operating right now? Well, not necessarily. At this point in the crisis, you have already activated a lot of alternative procedures. But there is still more that you can do. This is an ever-changing situation, so we can't be sure of what will happen. The truth is, … [Read more...] about Covid Tip #8: Business Owners: Have an Emergency Business Plan
It is very important to have a current will. I cannot emphasize this enough. Even though it is always important, it is not something that people enjoy thinking about. Over years of practicing law and helping thousands of people with their estate planning, trusts, wills, probate, and business planning, our attorneys have found that we have a more receptive audience when there is some type of … [Read more...] about Covid 19 Tip # 6. Have a Current Will
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!
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