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Using artificial intelligence to create a trust may seem like a cost-saving shortcut. However, this approach is best avoided, as it could seriously undermine your estate planning goals. While AI tools and online templates can draft basic documents, they cannot replace...
When doing your estate planning, it’s not enough just to have all the necessary documents and for them to be legally valid. The people you appoint as your administrators need to be the right people for the job. This includes not just your executor and any trustees,...
A power of attorney (POA) is a legal instrument that lets someone else act on your behalf. In Texas, there are several types of POA, each designed for different purposes. Choosing the right POA is important for protecting your rights and interests. Below are the most...
Are you going through a divorce as a parent? One of your concerns is likely child custody. Child custody is often a lot different when parents do not live under the same roof. To help maintain custody, you can discuss custody arrangements during your divorce. You can...
Most people living in Texas have significant control over their own lives once they become legal adults. They are responsible for paying their bills, meeting their own basic needs and making their own medical choices. Occasionally, medical issues can diminish an...
If you have already drafted an estate plan, that’s a great starting point. However, estate plans require periodic reviews. They may also need to be updated in specific circumstances. Regular updates help keep everything aligned with your current situation. Here are...
You certainly have the option to divide your assets equally when making an estate plan. Many parents do. Their goal is to split things evenly among all of their children, and they may also make accommodations for extended family members, such as grandchildren....
When planning your estate, it might be necessary to appoint a person to take care of your affairs in the event you are incapacitated. This is done through a legal document known as a power of attorney. However, it might become necessary to change this document for...
Your main focus when creating an estate plan is likely planning the distribution of assets after you pass away. However, there is more to estate planning than establishing inheritance. You can use an estate plan to help control how you are cared for if you suffer from...
If you’re thinking about making an estate plan this year, you may believe you’re in the minority when it comes to estate planning. You might assume that most people have already done theirs, and so you feel like you’re falling behind. It’s important to make an estate...