Incapacity Planning FAQ: What Is the Correct Power of Attorney?

Posted by & filed under Elder Care, Elder Law, Estate Planning, Incapacity Planning, Retirement Planning.

A comprehensive, properly constructed estate plan will account for end-of-life issues. While incapacity planning can seem like something that happens to a limited number of people, when you examine the facts, see that a very significant percentage of senior citizens become unable to handle all of their own decision making eventually. Studies have found that… Read more »

Retirement Planning: The Imperfect Storm

Posted by & filed under Retirement Planning.

You may have gotten your first introduction to retirement planning when you secured your first career position. Many companies offer 401(k) plans, and in many cases, they will match employee contributions up to a certain amount. As you examine the paperwork, you may do the math and envision how much you may have in the… Read more »

Estate Planning Is for Everyone

Posted by & filed under Estate Planning, Legacy Planning, Pet Planning, Power of attorney, Retirement Planning, Revocable Living Trusts, Special Needs Planning, Trusts, Wills.

The process of estate planning is often thought of as something that is only important for people who have reached an advanced age. We all know that  senior citizens are more likely to pass away than their younger counterparts, but in truth,  all responsible adults should have an estate plan in place. There have been… Read more »

What Is the Difference Between SSI and SSDI?

Posted by & filed under Elder Care, Elder Law, Incapacity Planning, Retirement Planning.

There are a number of different government programs that are used by people who have disabilities. Some people qualify for SSI, which is an acronym that stands for Supplemental Security Income. Others qualify for Social Security Disability Insurance (SSDI) payments. In this blog post, we will look at the distinctions between these two government programs…. Read more »

Texas Estate Planning Tip Sheet

Posted by & filed under Estate Planning, Incapacity Planning, Legacy Planning, Probate, Retirement Planning, Trusts, Wills.

Tip 1. Your estate is what you leave behind after you die. Everyone has an estate. Whether you are wealthy, old, young, a parent, single, or anything else, you have, or more specifically will have, an estate. Your estate is simply the collection of possessions, money, and other property you leave behind after you die,… Read more »

Can You Use an IRA for Estate Planning Purposes?

Posted by & filed under Estate Planning, Retirement Planning.

An individual retirement account can provide a valuable nest egg during your senior years. However, under certain circumstances, an IRA can also be useful from an estate planning perspective. Essentially, there are two different types of individual retirement accounts: traditional IRAs, and Roth individual retirement accounts. There are some similarities between them, but there are… Read more »

Estate Tax Efficiency for Non-Citizen Spouses

Posted by & filed under Estate Planning, Estate Tax, General, Retirement Planning, Revocable Living Trusts, Trusts.

There are many high net worth individuals in the greater Dallas area, and when you have been financially successful throughout your life, you have to be aware of potential estate tax exposure. The federal estate tax carries a whopping 40 percent maximum rate, so your wealth can be significantly eroded if you take no steps… Read more »

Send Us a Message

Talk to an attorney
vertical-line
I have read the disclaimer. Privacy Policy