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
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Covid 19 Tip # 6. Have a Current Will
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
How to Help your Elderly Loved One Organize their Personal Business Affairs
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
I’m too Young to have a will…. aren’t I?
Most people in their twenties do not consider getting a will to be high on their list of priorities. That is understandable. However, there are many reasons why you should consider having a will. Here are the most important ones: You have a child (whether the child lives with you or not) You have any assets (even a bank account, car, or personal items) You have debts and they could … [Read more...] about I’m too Young to have a will…. aren’t I?
How Many Certified Letters Testamentary Should You Order?
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?
Now that You are Ready to Sign your Will ….
Once you have visited with your attorney, given careful consideration to the contents of your Last Will and Testament, and filled out and returned any forms that your attorney has requested, your will is drafted and ready for your review. This post is a guide for our clients at Kalish Law Office. If you have another firm drafting your will, the steps and procedures may differ. However, all … [Read more...] about Now that You are Ready to Sign your Will ….
Adult Adoption in Texas- Why, When and How Does it Affect Inheritance?
There are many reasons why an adoption may be commenced after the potential adoptee turns 18. In an adult adoption the biological parent or parents do not have to be contacted or give their consent as they would if the adoption were for a minor child. Therefore a stepparent who had wanted to adopt their stepchild for years but knew that it was impossible to get a biological parent’s consent … [Read more...] about Adult Adoption in Texas- Why, When and How Does it Affect Inheritance?
What is Legal Capacity?
In order to write a will, sign a contract, get married, or do a variety of other actions, a person must have legal capacity. This means that they must be mentally competent, understand what they're doing and be of a certain age. Legal capacity often comes into question when someone is signing a will or powers of attorney. In order to have a valid document, the person must have the … [Read more...] about What is Legal Capacity?