By The Strong Firm P.C. | Published January 22, 2018 | Posted in Estate Planning | Leave a comment
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Category Archive
Estate Planning
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
Read MoreEstate 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
Read MoreEstate 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
Read MoreEstate 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
Read MoreSometimes 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
Read MoreTips 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
Read MoreFour 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
Read MoreEstate 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
Read MoreEstate 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
Read MoreEstate 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 Strong Firm P.C. Presents The Ice Rink At The Woodlands Town Center – VIP Preview Party – Thursday, November 18, 2021 – 6 PM-9PM CST
By Admin / October 27, 2021
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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