Estate Planning Attorneys Dedicated to Houston
Residents Throughout Every Stage of Life
Estate Planning For Singles
If you are single, then you are in good company. According to the most recent U.S. Census, more than half of all adult Americans are single, too. One of the most important considerations for a single person is to make sure that a structure is in place for financial and medical decisions to be made in the event of incapacity. Unfortunately, a person can become incapacitated at any stage of life. That’s why everyone from young adults over the age of 18 to the oldest senior citizen needs to designate trusted agents to handle their financial and medical matters in the event they cannot do so themselves.
Learn more about singles estate planning.
Estate Planning For Married Couples
With each marriage come new rights and new responsibilities. If you created an estate plan when you were single, then you should bring your estate plan up-to-code to reflect your wedding vows. Many married couples are surprised to hear that marriage does not necessarily mean that a surviving spouse automatically inherits all of a deceased spouse’s property. Another misconception is that a spouse is able to obtain medical information relating to the other spouse. Often, the law intrudes to deny spouses the rights they assume they have.
Learn more about married couples planning.
Estate Planning For Blended Families
Yours, mine, ours – but how to be fair to everybody? You want to make sure that your surviving spouse is cared for, but you also want to make sure that at least some of what is left of your estate at your surviving spouse’s death goes to your children. It’s a dilemma, but one that can be solved.
Learn more about planning for blended families.
Estate Planning For Minor Children
Are you the parent of minor children? If yes, then they are your most valuable treasure. So, what arrangements have you made for their care should something happen to you and their other parent?
Learn more about arrangements for minor children.
Planning During Peak Earning Years
Are you between age 40 and 55? If yes, then congratulations. Research has shown that you are in your peak earning years. And that is a very good thing.
Learn more about peak earning year planning.
Planning For Retirement
Chances are your children have left the nest with lives and children of their own. You have had a chance to see how your children have developed and who you can count on to help you in the future with financial and medical decisions. You may also have determined that your children have differing needs. You realize that your needs are different, too, and you are thinking more about the legacy you wish to leave.
Learn more about planning for your retirement legacy.
Estate Planning After Divorce
With all of the changes that come with divorce, it is easy to overlook the need to update your estate plan.
Learn more about how to plan after divorce.