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Kendall and Bexar County Estate Planning

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Thirteen Estate Planning Terms You Need to Know

Estate planning—it is an incredibly important tool, not just for the uber wealthy or those thinking about retirement. On the contrary, estate planning is something every adult should do. Estate planning can help you accomplish any number of goals, including appointing guardians for minor children, choosing healthcare agents to make decisions for you should you […]
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Posted on: October 12, 2020
pen signing Will Trust

What Is a Will Codicil?

Writing a will is an important part of creating a financial and estate plan. A will allows you to specify how you want your assets to be distributed among your heirs after you pass away. You can also use a will to name a legal guardian for your minor children. However, what happens if you need to change the terms of your will? That’s where a codicil can help.
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Posted on: October 7, 2020
estate planning IRA legacy planning trust will tax

How 401(K) Beneficiaries Work with Your Estate Plan

To ensure your estate is settled in the way you want, it's wise to do a bit of extra planning to keep your documents up to date.
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Posted on: October 5, 2020
trust, estate, home, legacy, planning

How to Own Your Real Estate

Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property. The ideal form of ownership varies depending on the type of real estate you own. Below, we take a look at the different types of real estate and offer advice about the best […]
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Posted on: October 4, 2020
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What’s Long-Term Care Insurance?

According to the American Association of Retired Persons (AARP), roughly 50% of those aged 65 will need long-term care (LTC) one day. Long-term care insurance covers things not normally covered by regular medical insurance. This includes nursing home, assisted living or home care for those who need it, due to chronic conditions like dementia or other disabilities.
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Posted on: October 3, 2020
probate litigation court building

How to Protect Your Estate from Unintended Heirs

What happens when a decedent’s will or trust does not provide for a decedent’s child?
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Posted on: October 2, 2020
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What Needs to Happen after a Spouse Dies?

The list of things you need to do after someone dies can seem endless, especially during a time when you are also grieving.
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Posted on: October 1, 2020
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Do I Have to Accept an Inheritance?

No one has to accept inherited assets. Inherited assets can be disclaimed.
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Posted on: September 30, 2020
stat your estate plan with Texas durable power of attorney agent

What Is a Fiduciary and a Fiduciary Duty?

A fiduciary is someone who manages property or money on behalf of someone else. When you become a fiduciary, the law requires you to manage the person’s assets for their benefit—and not your own.
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Posted on: September 26, 2020
to-do checklist estate planning

Trusts: The Swiss Army Knife of Estate Planning

We may think of a spoiled heiress to a large fortune, whose parents were savvy enough to prevent her from having full access to her funds. On the other hand, we could imagine a loved one with special needs, whose needs will be provided for with trust-protected money.
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Posted on: September 24, 2020
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