After the death of a loved one, such as a parent, there are a variety of tasks which must be handled to wrap up your loved one’s final affairs. Selling your deceased loved one’s real estate is one of the more daunting ones. But before you call a real estate agent, you should take some time […]
In honor of the recent Teacher Appreciation Week (the first week of May), we are taking this opportunity to say a bit “thank you” our teachers for their time and dedication to teaching the future generation. Teacher, you provide the foundational knowledge necessary to ensure the success of tomorrow’s leaders. We are here to make sure […]
According to a 2019 survey conducted by the Pew Research Center, 7 percent of surveyed adults were living with an unmarried partner. This number is up from 3 percent in 1995.[1] More people, such as yourself, are entering long-term committed relationships without getting married. Unfortunately for unmarried partners, married couples tend to enjoy greater protection from […]
Annual exams are a part of life. As we age, these appointments grow more and more important to catch potential issues before they become serious. Similarly, due to ever-changing tax laws and interpersonal relationships, it’s a good idea for clients to review their estate plan regularly. When your estate plan is written, it reflects the situation […]
While watching a movie or reading a book about wealthy individuals and their families, you may have come across terms such as “heir,” “descendant,” and “next of kin.” Though made-for-Hollywood storylines use these terms interchangeably, words describing familial relationships have distinct definitions. Using the correct terms is critical in wills, trusts, and other legal documents because […]
The number of marriages in Texas has been in steady decline for years. The reasons for this vary, but it hardly means love or romance is dead. Most young couples choose instead to cohabitate, effectively acting as a married couple without the formality of a ceremony or even creating a common law marriage. Yet, these unmarried […]
Now, more than ever before, Americans are using a variety of tax-deferred accounts such as 401(k)s and IRAs to save for retirement. And while the laws are currently designed so that people must start withdrawing the money when they retire, it is not uncommon for many of these accounts to still have significant value at the […]
When reading through a will or trust agreement, you may see language that grants a right to an individual to purchase certain property from the estate or trust at “fair market value.” At first glance, this phrase may seem a perfectly reasonable method of setting a suitable purchase price for a property to be sold. But […]
