Embarking on estate planning is a crucial step that should be taken sooner rather than later. It ensures that your wishes are respected and your family is provided for in the event of unforeseen circumstances. As you delve into this process with an estate planning attorney in Austin, understanding key terms such as “living trust” […]
What is a Power of Attorney?
A Power of Attorney (POA) is a legal document that grants another individual the authority to make decisions on your behalf. It is crucial to select someone you trust for this responsibility. Various types of powers of attorney exist to address different situations. Limited Power of Attorney A limited or general power of attorney typically […]
5 Common Estate Planning Mistakes That Could Cost You a Fortune
“We always place estate planning on the back-burner. It’s usually because it pertains to a subject we all have a hard time talking about – our own mortality.” When it comes to administering your assets, it is best to organize every single detail. With the rising life expectancy, it’s easy to assume you can avoid […]
Improving Your Estate Plans: What You Need to Know
Estate planning is the preparation of documents that will manage your assets when you pass. When you plan ahead, you include the heirs of your estate, and how the taxes will be settled. In most estate plans, an estate attorney is involved because he will read what you wished to happen to your designated heirs […]
Estate Planning? You’ll Need An Estate Planning Attorney
Estate planning can be an overwhelming idea for some, and the idea of putting it off sounds appealing when you consider all that is involved in the process. It is important for your loved ones that you take measures to ensure that your finances are properly taken care of in the event of your death, and […]
4 Reasons You Can’t Afford to ‘Not Have’ an Estate Plan
It’s sad but true that many of us spend more time planning a vacation than what we do when planning who will inherit your estate. While we understand that estate planning is not as fun, but there are some strong reasons you can’t afford to ignore estate planning. In fact, if you have been ignoring […]