Posts Tagged ‘beneficiaries’
Aledo and Weatherford Estate Planning Lawyers: Everything You Need to Know About Estate Planning Costs
At Martin Lawyers, we know from experience that the biggest obstacle keeping people from proper estate planning is the cost. It can be hard to see how estate planning can save money, time, and headaches in the future when there’s a significant price tag in the present. We know how important it is for everyone…
Read MoreParker County Special Needs Lawyer: The Worst Way to “Help” A Child with Special Needs
As a parent of a child with special needs, your main concerns when it comes to Estate Planning are probably: “Who will step into my shoes and provide for my child when I’m gone?” And, “How can I make sure that my child is provided for?” Unfortunately, a lot of bad information on the internet…
Read MoreDFW Estate Planning Lawyers: How to Avoid Probate with Joint Accounts and Beneficiaries
There are several strategies available that DFW estate planning lawyers use to help seniors and their families keep certain assets out of probate, including adding other people as joint owners on their accounts or making beneficiary designations on accounts and policies. However, these strategies should only be done under the supervision of an experienced estate…
Read MoreFour Famous People Who Left a Legal Mess for Their Families When They Died | Fort Worth Will Lawyers
Did you know that more than half of all adults in America do not have a Last Will and Testament? That number is even fewer when it comes to healthcare directives and powers of attorney. You’d think more people would create an estate plan, especially since there are so many public figures who famously left…
Read MoreDFW Trust Lawyer: Avoid These Common Estate Planning Mistakes
Estate planning is a responsibility we all have, young or old. Yet only about half of all Americans with children have a Last Will and Testament or Trust to direct how their children should be cared for and who should inherit any assets left behind after death. It’s also troubling to know that most estate…
Read MoreDFW Estate Planning Attorneys on Inheriting Patents, Copyrights, and Other Intellectual Property
Intellectual property – ideas or works of art that have value but don’t originate in material reality – are considered personal property and may be bequeathed to heirs. There is well-established law on intellectual property and estate law for those who want their heirs to benefit from the fruits of their labors. If you’re creating…
Read MoreWorried your children will be unmotivated after receiving an inheritance? Fort Worth Trust Lawyers encourage parents to consider this estate planning tool.
Self-made billionaire Warren Buffet once famously said, “Leave your children enough money so they feel they can do anything, but not enough that they could do nothing.” Commodore Vanderbilt’s grandson, an heir to some $60 million in 1885, also once declared that “inherited wealth is as certain death to ambition as cocaine is to morality.”…
Read MoreTarrant County Probate Lawyers: What To Do After a Loved One Dies
When a loved one passes away, the grief is often overwhelming and exhausting. Your emotional state can make it nearly impossible to carry on basic functions like sleeping or eating, let alone dealing with legal matters. Tarrant County probate lawyers at Martin Lawyers understand that the last things you feel like tackling are the legal…
Read MoreFort Worth Estate Lawyer: Where Should I Store My Original Estate Planning Documents?
After you complete the process of creating an estate plan with your Fort Worth estate lawyer, you’ll want to give serious thought about the place where you will store your original documents. Unfortunately, if your original documents can’t be found after you pass away, it will be presumed that you died without leaving a will…
Read MoreFort Worth Trust & Estate Lawyer: Why Every Small Business Owner Needs an Estate Plan
Creating and building a successful business is an incredibly difficult undertaking – and maintaining that success is usually even more challenging. Protecting that success, however, is a different story and entirely within your control. You must consider what will happen if you die or become incapacitated, if your business will be subjected to estate taxes…
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