Living Trust

Jun 14, 2023

Medical Crisis – Part 3: If the Prognosis Is Impairment But Not Incapacity, What Can Be Done?

2023-06-14T20:08:44+00:00June 14th, 2023|Tags: , , , , , , , |

A stroke or other sudden medical events may leave a person with severely diminished capacity, including the inability to work, but they may have enough capacity to make their medical, financial, and legal decisions.  The reality may be that although they have the minimal capacity to make those decisions that they need assistance.  To be [...]

May 4, 2021

Estate Planning for a Second Marriage

2022-08-17T19:56:21+00:00May 4th, 2021|Tags: , , , , , , |

If you are contemplating remarrying, or are in a second marital relationship, what special concerns are there for your estate planning?  The major issues are: Determining whose assets are whose; Deciding if you have a joint plan or two separate estate plans; and How to ensure that your estate plan succeeds if you are the [...]

Apr 20, 2021

My Revocable Living Trust was drafted in another state, is it good in Texas?

2022-08-17T19:56:21+00:00April 20th, 2021|Tags: , , , , , |

A well-drafted Revocable Living Trust in another state should be fully enforceable in the State of Texas.  In fact, the Trust should state that the law where the Trust was drafted is applicable, so moving to another state does not subject the Trust to a different set of laws.  It is advisable that if you [...]

Nov 25, 2019

Preparing for Alzheimer’s after an Early Diagnosis

2022-08-17T19:56:32+00:00November 25th, 2019|Tags: , , , , , , , , , |

It will of course be a shock to learn of a loved one’s diagnosis of Alzheimer’s disease or other dementia. The first step will no doubt be to immediately seek preventative medical treatment, but it is just as important to consider the impact on your loved one’s assets and to seek advice on financial and [...]

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