Posts Tagged ‘wills and trusts’
Four 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 MoreI’m a Snowbird Who Lives Part-Time in Another State. Will My Power of Attorney and Healthcare Directive Still Work During Quarantine?
Shelter in place and quarantine orders are the rule of the day with the coronavirus outbreak. Many of these executive orders came while snowbirds and retirees were staying here in their second homes, and now they are likely stuck there for a little longer than they originally planned. From a legal standpoint, many snowbirds are…
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 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 MoreMillennials: Use These Estate Planning Strategies to Address Your Unique Needs | DFW Estate Planning Attorneys
If you’re in your twenties or thirties, you’ve probably heard about the importance of creating wills and trusts… but maybe you think you’re too young for estate planning or that you don’t have enough assets yet to justify putting a plan in place. But, DFW estate planning attorneys will tell you that it is a…
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