by msmyers | Oct 18, 2014 | Elder Care, Estate Planning
Most clients know that they need a Power of Attorney in the event that they become incapacitated, but many do not know what other documents they need. Still, others are not aware that these documents are only effective during their lifetimes– when you die,...
by msmyers | Oct 18, 2014 | Estate Planning
You may have heard that trusts are better than wills, or vice versa. Both estate planning tools are used to distribute assets and property, and each has its advantages and disadvantages. Some of the differences between Wills and Trusts are highlighted below: Privacy:...
by msmyers | Oct 1, 2014 | Business Planning, Elder Care
Intestate succession is the process by which the assets are distributed for someone who died (decedent) without a Will. In Texas, that process is governed by the Texas Estate Code. Judge Herman of the Travis County Probate Court created an Intestate Chart that helps...