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Protecting Inherited Assets from Creditors

Saving money is difficult.  It is no wonder, then, that most people are not excited about the possibility of creditors swooping in and taking the assets they leave to their heirs.  Fortunately, a well-crafted estate plan can be utilized to reduce this risk. A common tool is to be to leave assets to your children Read More

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Estate Planning for Life Part III – Directive and DNR

When most people think of estate planning they typically think wills, trusts and death.  However, the actuality is that one of the major focuses of good estate planning is for incapacity during a client’s lifetime.  In the previous Part I of this series, I outlined the purpose and benefits of a Financial Power of Attorney.  Read More

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Estate Planning for Life Part II – Medical Power of Attorney

When most people think of estate planning they typically think wills, trusts and death.  However, the actuality is that one of the major focuses of good estate planning is for incapacity during a client’s lifetime.  In the previous Part I of this series, I outlined the purpose and benefits of a Financial Power of Attorney.  Read More

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Estate Planning for Life Part I – Financial Power of Attorney

When most people think of estate planning they typically think wills, trusts and death.  However, the actuality is that one of the major focuses of good estate planning is for incapacity during a client’s lifetime.  I take a very educational approach to my consultations and I am always pleased when we reach the end of Read More

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Sometimes It’s not “One and Done”: Difficulties of Probating the Surviving Parent’s Estate

Difficulties of Probating the Surviving Parent’s Estate Texas has relatively efficient probate system.  It has been designed to provide a number of options to allow residents to select the least expensive and quickest method to probate an estate.  In fact, Texas has developed abbreviated probate proceedings to deal with small estates, including individuals that really Read More

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Tips For Choosing an Executor

You have likely put a significant amount of time, effort and money into planning your estate, don’t throw it all away by picking the wrong executor. Ideally, your executor will administer your estate honestly, efficiently and in the best interest of your beneficiaries. Bad executors have the potential to waste your estate’s funds, destroy family Read More

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Four Ways to Fund your Business Succession Plan

Four Ways to Fund your Business Succession Plan An important part to a business succession plan is considering how to fund your succession plan.  After all, the most intricate and thoroughly considered succession plan will fail if it lacks the funds necessary it execute the plan.  The method of planning will depend on a multitude Read More

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Estate Planning in the Digital Age

Like many 20-and 30-somethings, my husband and I have long put off addressing our estate planning needs. Finally, after I had completed every last procrastination chore I could think of, I realized I was out of excuses and it was time to get drafting. While most people think to plan for the disposition of their Read More

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Estate Planning for Life – Not an Oxymoron

When most people think of estate planning they typically think wills, trusts and death.  However, the actuality is that one of the major focuses of good estate planning is for incapacity during a client’s lifetime.  I take a very educational approach to my consultations and I am always pleased when we reach the end of Read More

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Estate Planning: Planning to Protect Inherited Retirement Accounts

For many years, people that inherited their parent’s retirement accounts believed those funds would be protected from creditor claims just like their own retirement accounts are protected from creditor claims.  However, the U.S. Supreme Court rejected that concept in 2014.[1]  In Clark v. Rameker, the Supreme Court ruled that the beneficiary’s inherited IRA was subject Read More

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The Future of Non-Compete Agreements: Executive Order on Promoting Competition in the American Agreement

In July 2021, President Biden signed an Executive Order aiming to limit the use of restrictive covenants in employment relationships. Opening with the premise that “a fair, open, and competitive marketplace has long been a cornerstone of the American economy, while excessive market concentration threatens basic economic liberties, democratic accountability,
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Estate Planning: A Sophisticated Plan for Complexities

More sophisticated estate planning may be appropriate for people that: have sufficient net worth to consider tax planning; own assets in more than one state or jurisdiction; highly prize privacy; have blended families, and/or have a history of family discord (“Complicating Factors”). In 2022, the net amount a person can have
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Estate Planning: A Plan for Everyone

A common misconception is that estate planning is for the wealthy, with an abundance of assets, including retirement plans, life insurance and annuities. However, the truth is that everyone over the age of 18, regardless of wealth, socioeconomic class or marital status should have a basic estate plan designed for
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The Strong Firm P.C. Presents The Ice Rink At The Woodlands Town Center – VIP Preview Party – Thursday, November 18, 2021 – 6 PM-9PM CST

  Please join The Strong Firm P.C. at the exclusive VIP Preview Party for The Ice Rink at The Woodlands Town Center presented by Woodforest National Bank for the 2021-2022 Holiday Season! This year all proceeds from ticket sales and any additional collected donations will go 100% to YES to YOUTH - Montgomery County Youth Services! Donation receipts will be
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The Strong Firm P.C. Presents The Ice Rink At The Woodlands Town Center – VIP Preview Party – Thursday, November 18, 2021 – 6 PM-9PM CST
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