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A myth about estate planning suggests that only older people - particularly those worried about their mortality - engage in estate planning. Such a notion is incorrect as many young, healthy Texas residents participate in estate planning. Only some understand why it...
Child support payments are essential to help custodial parents in Texas continue to provide for their children's needs after divorce or separation. But, they are not permanent. If you are currently making child support payments or scheduled to make them in the future,...
Many Texas residents understand that getting a divorce is expensive. If you and your spouse are ending your marriage, it’s not only the process itself that can be costly. You should know how divorce can affect your finances as you move on as a single person. Financial...
Texas couples going through a divorce might find themselves wondering what changed. Even the most loving and happy marriages can fall apart, seemingly without reason. Sometimes the cause of even the best marriages falling apart is depression. This common mental...
An IRA is not just a sound retirement plan for people when they leave work; a person can also use it as an estate planning tool for their loved ones in Texas. Basically, the child provided for will own the account, but their parent or adult custodian will manage it...
Many Texas millennials are rejecting traditional family dynamics, including forgoing marriage completely. While completely fine under normal circumstances, it becomes more difficult to navigate with the addition of children. Establishing paternity as unmarried parents...
Drafting a will may be the first thing you think of when estate planning, but there is much more to do. Estate planning involves accounting for your assets and creating smooth transfers to the correct people. There aren't any requirements for estates to go through...
Most people in Texas don’t give much thought to guardianship. However, it’s something that many should consider. You should also know about natural guardians and their roles. What is a natural guardian? A natural guardian is a child’s parent. When a child is a minor,...
Divorces are hard. When you are dividing assets, it's important to consider what your employee stock options are, whether they be restricted or otherwise. Dividing atypical assets can be challenging. Grant prices An important factor in your Texas divorce is what your...
If you have a close relationship with your parents, grandparents, or siblings, you may be asked to be the executor of their respective estates. While this can be an honor, it is also a huge responsibility. Depending on the size and worth of your loved one's estate,...