Without warning, serious injuries or illnesses sometimes occur, leaving people physically or mentally incapacitated and, in some cases, at risk of death. Life-threatening situations often require medical decisions that may affect their outcome. If patients in such...
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How can a prenuptial agreement protect you from your spouse’s debts?
Sometimes, investment in your future with your spouse leads you to acquire debt. You may pursue an education to better support your family, purchase a home or invest in a vehicle. If you decide to part ways in the future, though, those debts could impact your...
What can a trust accomplish that a will cannot?
A will is a critical part of your Texas estate plan, because it gives you a way to dictate who you want to inherit your belongings, and when. However, sometimes, you may have unique estate planning goals that you are unable to accomplish with a simple will. According...
Why do some couples not want prenups?
While you know you want to marry your current partner, you may not know whether you want to bring up a prenuptial agreement. Perhaps you already had the discussion and your partner does not want a prenup. In both situations, how should you proceed? Business Insider...
What happens when a family member dies without a will?
When a family member dies without a will, they have died "intestate." The distribution of an estate for someone who dies intestate occurs according to the rules of intestate succession. What is the family situation? Estate distribution depends on if the deceased had...
Is a charitable trust right for you?
If you enjoy giving back, such as by donating to your church, your alma mater or your favorite charity, you may wish to consider establishing a charitable trust so as to make these donations in a more structured manner. FindLaw explains that you can choose to...
What happens when a trustee breaches their fiduciary duties?
A Texas fiduciary takes care of the administration of the assets within a trust. If you are a trust beneficiary and the administrator acts inappropriately or fails to perform their duties, you may have grounds for a claim. According to the State of Texas, trust...
Why should you review your estate plan?
Having an estate plan can give you a place to document financial goals, clarify asset distribution and share your final wishes. Using the information you provide, those in charge of closing your estate can know precisely what to do. Contrary to what some have said,...
Writing a will as a new parent: What do you need to know?
Writing a will is perhaps one of the most important things you can do as a new parent. Yet, being young and in the prime of their lives, writing a will is rarely something new parents think to add to their to-do lists. Such an oversight could prove costly. In the...
Can you revoke a premarital agreement?
If you are thinking about tying the knot, you should take many factors into consideration, especially when it comes to your finances. Couples often encounter a number of financial hurdles during the course of their marriage, and financial challenges can place strain...