Seven Highly Effective Texas Estate Planning Documents
The ABA and every State Bar, including Texas, recommend adults have a will. These seven documents detailed below create a solid foundation for effective estate planning in Texas. Will -- A last will and testament spells out how you would like all of your possessions, assets, property, and any other items you own will be distributed. A will can also create trusts (testamantery trusts) and may contain estate planning clauses that save the estate's tax costs. If a person dies wi
Advanced Healthcare Directives in Texas: Planning for the Worst
What are Texas Advanced Healthcare Directives (AHDs)? Advanced Healthcare Directives in Texas offer you the option to create legally binding documents that spell out how your affairs, whether it be medical, financial, or anything else, are handled if you become incapacitated. AHDs are like car, medical, or life insurance: they prepare for events that can be uneasy to face. These documents can be an overlooked step in successful estate planning in Texas. AHDs offer "insurance"