Sibling rivalry happens in many families across the country, with these rivalries often starting in childhood and maintaining even through adulthood. In some cases, this rivalry can lead to major issues. For example, in the event of a parent's death, these rivalries...
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Estate planning
What is an advance directive?
When you focus on your estate plan, you will likely spend most of your time working on things like your will and any potential trusts you want to set up. These all serve your estate well after your death, but did you know that you can take steps to protect your family...
What do you know about talking to your parents about their estate plan?
Recently, your parents shared they want to retire in a few years. While you feel excited about this next chapter of their lives, you also want to help them plan for every aspect of their golden years. Money Crashers explains how to discuss estate planning with your...
3 reasons a Texas will may not be legally valid
From document errors to concerns about the author’s intentions and mental capacity, there are several reasons that a will may not hold up to legal scrutiny. In Texas, individuals who have an interest in the deceased’s estate may contest the will’s validity if they...
Common details of funeral services and trusts
No matter what age people are when they begin to invest in their future with estate planning, funerals are an inevitability worth preparing for. Funerals offer a chance for loved ones to grieve but also come at a high cost. Funerals that have the backing of a pre-paid...
What duties do trustees have?
If a loved one named you trustee or you want to choose trustee candidates for your trust, you deserve to know the role's responsibilities. Once you understand a trustee's duties, you have a better idea of how to narrow your options or decide if you have the right...
Protecting your assets with the right executor
Having a good estate plan can help you retain control over the fate of your assets, even after your death. However, not having a trustworthy executor may put your plan at risk of failure. Choosing the right person to oversee your affairs may take some time. Knowing...
Preparing for the unexpected with a living will
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...
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...
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...