By The Strong Firm P.C. | Published March 28, 2018 | Posted in Estate Planning, Uncategorized | Leave a comment
Probate is the process of applying to a court for authority to transfer a decedent’s property. When the court stays involved throughout the administration of a probate (i.e. through the whole process) then the probate process is long, complex and expensive. However, Texas has aggressively sought to create a number of more efficient (i.e. quicker Read More
Read MoreSaving 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
Read MoreWhen 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
Read MoreWhen 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
Read MoreWhen 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
Read MoreDifficulties 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
Read MoreYou 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
Read MoreFour 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
Read MoreLike 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
Read MoreWhen 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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